Announced Tue, 14 Jul · 20:19 IST
Termination of Hotel Agreements for Lemon Tree Wildlife Resorts, Kanha
Business Updates View source PDF
LEMONTREE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹114.83
prior close
₹115.10
base price
After-mkt
timing
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+0.1-0.0+0.1+0.3-0.4-2.5-2.6-3.5-4.9-4.4————
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AI summary
Lemon Tree Hotels has mutually terminated the Hotel Operating Agreement and License Agreement for Lemon Tree Wildlife Resorts, Kanha. The agreements involved owner Rohit Dyechem Private Limited and operator Carnation Hotels Private Limited. Original deals were signed in October 2022, with amendments in July 2024. The company states this termination will have no significant financial impact.
Likely market impact
Minimal impact expected as the company confirms no significant financial effect from this mutual termination.