Shares of Lemon Tree Hotels Limited rose 4% on Wednesday, April 8, 2026, gaining ₹4.15 to trade at ₹113.70.
The stock opened at ₹114.00 against a previous close of ₹109.55. It touched a day low of ₹111.90 and a day high of ₹114.82 during the session.
The 52-week low stands at ₹99.61 and the 52-week high at ₹180.68. Live volume on the counter stood at 16,51,884 shares.
The move followed a regulatory filing by the company. The Competition Commission of India, vide its communication dated April 7, 2026, granted approval under Section 31(1) of the Competition Act, 2002 for the acquisition of certain equity shares of Fleur Hotels Limited by Coastal Cedar Investments BV. The approval also covers the internal restructuring of the Lemon Tree Hotels group through amalgamation and demerger.
The company stated that the detailed order from the CCI is currently awaited. The approval follows a prior intimation made by the company on January 9, 2026, and marks a significant milestone towards consummation of the proposed transactions. Lemon Tree Hotels stated it will take necessary steps to complete the transactions in accordance with applicable laws.
Lemon Tree Hotels Limited is one of India's largest hotel chains in the mid-priced segment. The company operates hotels under the Lemon Tree Premier, Lemon Tree Hotels, and Red Fox by Lemon Tree Hotels brands, among others. It is listed on the BSE and NSE.
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