Lemon Tree Hotels Limited — Updates, 10-01-2026: Scheme of Arrangement
10-01-2026 | 12:01 am
10-01-2026 | 12:01 am
Lemon Tree Hotels approved a strategic demerger, separating its asset-heavy hotel ownership into listed Fleur Hotels. LTHL shareholders get FHL shares; LTHL retains ~41%. An investor acquires 41% of FHL and commits up to ₹960 Cr for FHL's growth. Demerged assets contributed ₹230.37 Cr to past turnover.
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