Lemon Tree Hotels Receives CCI Approval for Acquisitions and Group Restructuring
Lemon Tree Hotels Limited announced that the Competition Commission of India (CCI) granted its approval on April 7, 2026. This approval pertains to the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments BV and the internal restructuring of the Company group involving amalgamation and demerger.The CCI issued its communication confirming the approval under Section 31(1) of the Competition Act, 2002.
This CCI approval is noted as a significant milestone toward finalizing the transactions that were initially communicated on January 9, 2026. The company stated that it will proceed with necessary steps to complete the transactions in accordance with applicable laws.
The detailed order from the CCI is currently awaited by the company.
LEMONTREE Stock Price Movement
Lemon Tree Hotels Limited shares today slipped by 0.37% to settle at ₹109.55. The stock saw substantial activity, trading on a total volume of 2.26 million shares.Source:
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