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Lemon Tree Hotels Extends Trading Window Closure Amid Reorganization Evaluation

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Lemon Tree Hotels Extends Trading Window Closure Amid Reorganization Evaluation

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Lemon Tree Hotels Ltd. ( (IN:LEMONTREE) ) has shared an announcement.

Lemon Tree Hotels Limited has announced the continued closure of its trading window in compliance with SEBI’s insider trading regulations. This decision comes as the company evaluates potential corporate reorganization options, with no recommendations or decisions made by the committee or board yet. The closure restricts designated persons and their immediate relatives from trading the company’s shares until further notice, ensuring compliance and transparency during this period of strategic evaluation.

More about Lemon Tree Hotels Ltd.

Lemon Tree Hotels Limited operates in the hospitality industry, providing a range of hotel services across various market segments. The company focuses on offering comfortable and affordable accommodations, catering to both business and leisure travelers in India.

Average Trading Volume: 271,556

Technical Sentiment Signal: Buy

Current Market Cap: 127.7B INR

Find detailed analytics on LEMONTREE stock on TipRanks’ Stock Analysis page.

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