Board Meeting7 Aug 2026, 09:20 pm
Lemon Tree Hotels Board Approves Q1 FY27 Un-audited Financial Results
AI Summary
Lemon Tree Hotels Limited's Board of Directors met on August 7, 2026, to approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the appointment of Mr. Patanjali Govind Keswani as Chairman and Non-Executive Director effective April 1, 2027, subject to shareholder approval. Additionally, a Joint Venture Agreement was approved between Carnation Hotels Private Limited and RJ Corp for the Aurika Shillong project, with Carnation holding 51% equity in the SPV, Arum Hotels Private Limited. The trading window for company shares will reopen 48 hours after the financial results declaration.
Key Highlights
- Approved un-audited financial results for Q1 FY27.
- Approved appointment of Mr. Patanjali Govind Keswani as Chairman.
- Approved Joint Venture for Aurika Shillong project.
- Carnation Hotels to hold 51% equity in Arum Hotels SPV.
- Trading window to reopen post-results declaration.
Price Impact
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