Lemon Tree Hotels Limited — Others, 03-02-2025: Action(s) initiated or orders passed

M/s Sukhsagar Complexes Private Limited, a subsidiary of Lemon Tree Hotels, has received a tax demand and penalty from the CGST Superintendent in Jaipur, amounting to ₹82,554 each for tax and penalty under the CGST Act. While legal remedial actions will be pursued, the company assesses that there is no material impact on its financials or operations from this order, keeping risks manageable. This situation may prompt a neutral sentiment from investors, as the issue pertains to a subsidiary and doesn't affect overall company performance.