Business Update14 Jul 2026, 08:20 pm
Lemon Tree Hotels Terminates Kanha Resort Agreements
AI Summary
Lemon Tree Hotels Ltd announced the mutual termination of the Hotel Operating Agreement and License Agreement for Lemon Tree Wildlife Resorts, Kanha. These agreements were originally executed on October 7, 2022, with amendments on July 17, 2024, involving M/s. Rohit Dyechem Private Limited (Owner) and M/s. Carnation Hotels Private Limited (Operator). The company stated that this termination has no significant financial impact.
Key Highlights
- Hotel Operating and License Agreements for Kanha resort terminated.
- Agreements were with Rohit Dyechem Private Limited and Carnation Hotels.
- Termination is mutual and effective immediately.
- No significant financial impact expected for Lemon Tree Hotels.
Price Impact
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