Lemon Tree Hotels Group Receives CCI Approval for Restructuring and Acquisition
Lemon Tree Hotels Limited has successfully received detailed approval from the Competition Commission of India (CCI) concerning a major group restructuring and the acquisition of equity shares of another entity. The Company confirmed that it received the detailed order from the CCI on May 22, 2026.The CCI granted its approval under Section 31(1) of the Competition Act, 2002. The approval covers two primary areas: the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments B.V., and the internal restructuring of the Lemon Tree Hotels group. This internal restructuring is slated to be implemented through amalgamation and demerger, guided by a Composite Scheme of Arrangement.
The details regarding the CCI's grant of approval are as follows:
| Particulars | Details |
|---|---|
| Regulatory Authority | Competition Commission of India (CCI) |
| Nature of Approval | Approval under Section 31(1) of the Competition Act, 2002, for: (i) the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments B.V.; and (ii) the internal restructuring of the Lemon Tree Hotels group, being implemented through amalgamations and demerger, in accordance with a Composite Scheme of Arrangement. |
| Impact/Relevance | Not Applicable (NA) |
The CCI approval pertains to the acquisition and the structural reorganization of the Lemon Tree Hotels group through the aforementioned Scheme of Arrangement. The Company noted that the impact of this approval is not classified as monetary or otherwise for the purpose of required disclosures.
LEMONTREE Stock Price Movement
On Friday, Lemon Tree Hotels Limited shares edged higher, finishing at ₹113.31, gaining 0.91% or ₹1.02. The stock settled on significant buying interest, with the total traded volume reaching 1.52 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.