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Lemon Tree Hotels has received notice from the Maharashtra Pollution Control Board that a bank guarantee of Rs. 5 crore has been partially forfeited by Rs. 1 lakh due to non-compliance with environmental regulations. Additionally, the company is required to submit a top-up bank guarantee of Rs. 2 lakh and a fresh guarantee of Rs. 4 lakh. Despite this setback, the company does not anticipate any material impact on its financial or operational activities. For investors, while this development presents a potential risk concerning governance compliance, the ongoing operational stability suggests a neutral overall impact on the company's outlook.