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Corporate Announcement
Security Code
541233
Company
Lemon Tree Hotels Ltd
Exchange Received Time
01/11/2019 20:12:55
Exchange Disseminated Time
01/11/2019 20:13:02
Time Taken
00:00:07
Announcement under Regulation 30 (LODR)-Updates on Acquisition |
11/01/19 20:12
Dear Sir,
In continuation to the disclosure made by Lemon Tree Hotels Limited ('Lemon Tree') on 29th June, 2019 and 25th October, 2019 on acquisition of 100% shareholding of Berggruen Hotels Private Limited('Keys Hotels') by Fleur Hotels Private Limited('FHPL'), material subsidiary of the Company, we would like to apprise that FHPL has acquired 100% share capital of Keys Hotels today and Keys Hotels has become a wholly owned subsidiary of FHPL and an indirect subsidiary of Lemon Tree.
Please take the above intimation on record.
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