Lemon Tree Hotels Board Approves Composite Scheme for Business Restructuring and Strategic Investment
Published on: Jan. 10, 2026, 12:12 a.m. | Source: scanx.trade
Lemon Tree Hotels' board approved a composite scheme involving amalgamation of six subsidiaries, demerger of hotel assets worth ₹23,037.34 lakhs (59.90% of turnover) to Fleur Hotels, and strategic partnership with Coastal Cedar Investments for potential ₹960 crore investment. The restructuring will result in separate listing of Fleur Hotels and clear segregation of asset-heavy ownership from asset-light management operations.
