Lemon Tree Hotels has received approval from the Competition Commission of India (CCI) for the acquisition of equity shares in 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 CCI’s approval, communicated on 7 April 2026, marks a significant milestone for Lemon Tree Hotels as it moves forward with the proposed transactions. These transactions were initially disclosed in a prior intimation dated 9 January 2026.
The company is now set to proceed with the necessary steps to complete the transactions in compliance with applicable laws. However, the detailed order from the CCI is still awaited, which will provide further clarity on the terms and conditions of the approval.
This development is a crucial step towards the consummation of the proposed transactions, which aim to streamline the company’s operations and enhance its strategic positioning in the hospitality sector.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).