Lemon Tree Hotels Limited — Important, 28-03-2025: General Updates

M/s Celsia Hotels Private Limited, a subsidiary of Lemon Tree Hotels, has received a tax recovery order imposing a fine and penalties related to non-payment of Enrollment Tax for FY 2020-21, totaling ₹2,500, with a penalty of 10% amounting to ₹250 and interest of ₹1,830. However, since the penalty is below ₹1,00,000, it's reported quarterly. The company indicates that there will be no material financial or operational impact from this incident. Investors might view this as a manageable compliance issue, reflecting a neutral impact on the company's overall health.