The Board has accorded an in-principle approval for the merger of the Company and Criss Financial Limited (a subsidiary of the Company) and constituting the Merger Steering Committee.

The Board has accorded an in-principle approval for the merger of the Company and Criss Financial Limited (a subsidiary of the Company) and constituting the Merger Steering Committee.

Scheme of Arrangement The Board of Directors ('Board') of Lemon Tree Hotels Limited ('Company / LTHL') at its meeting held today i.e., January 9, 2026 (started at 7:30 P.M. and concluded at 09:00 P.M.), based on the recommendations of the Reorganization Committee, the Audit Committee and the Committee of Independent Directors, inter-alia, considered and approved a Composite Scheme of Arrangement involving the Company, Fleur Hotels Limited ('Transferee Company/ FHL') a material subsidiary of the Company, Carnation Hotels Private Limited ('Transferor Company 1'), Hamstede Living Private Limited ('Transferor Company 2'), Oriole Dr. Fresh Hotels Private Limited ('Transferor Company 3'), Canary Hotels Private Limited ('Transferor Company 4'), Sukhsagar Complexes Private Limited ('Transferor Company 5'), Manakin Resorts Private Limited ('Transferor Company 6') and their respective shareholders and creditors under Sections 230-232 and other applicable provisions of the Companies Act, 2013 and the rules and regulations made thereunder (including any statutory modification(s) or reenactment(s) thereof) and other applicable laws and regulations including the Securities and Exchange Board of India ('SEBI') circular bearing number SEBI/HO/CFD/POD2/P/CI /2023/93 dated June 20, 2023 ('SEBI Circular'), the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), and relevant provisions of the Income-tax Act, 1961 and Income-tax Act, 2025, as applicable (including any statutory modification(s) or re enactment(s) thereof for the time being in force) ('Scheme').

Scheme of Arrangement The Board of Directors ('Board') of Lemon Tree Hotels Limited ('Company / LTHL') at its meeting held today i.e., January 9, 2026 (started at 7:30 P.M. and concluded at 09:00 P.M.), based on the recommendations of the Reorganization Committee, the Audit Committee and the Committee of Independent Directors, inter-alia, considered and approved a Composite Scheme of Arrangement involving the Company, Fleur Hotels Limited ('Transferee Company/ FHL') a material subsidiary of the Company, Carnation Hotels Private Limited ('Transferor Company 1'), Hamstede Living Private Limited ('Transferor Company 2'), Oriole Dr. Fresh Hotels Private Limited ('Transferor Company 3'), Canary Hotels Private Limited ('Transferor Company 4'), Sukhsagar Complexes Private Limited ('Transferor Company 5'), Manakin Resorts Private Limited ('Transferor Company 6') and their respective shareholders and creditors under Sections 230-232 and other applicable provisions of the Companies Act, 2013 and the rules and regulations made thereunder (including any statutory modification(s) or reenactment(s) thereof) and other applicable laws and regulations including the Securities and Exchange Board of India ('SEBI') circular bearing number SEBI/HO/CFD/POD2/P/CI /2023/93 dated June 20, 2023 ('SEBI Circular'), the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), and relevant provisions of the Income-tax Act, 1961 and Income-tax Act, 2025, as applicable (including any statutory modification(s) or re enactment(s) thereof for the time being in force) ('Scheme').

The Board of Directors ('Board') of Lemon Tree Hotels Limited ('Company / LTHL') at its meeting held today i.e., January 9, 2026 (started at 7:30 P.M. and concluded at 09:00 P.M.), based on the recommendations of the Reorganization Committee, the Audit Committee and the Committee of Independent Directors, inter-alia, considered and approved a Composite Scheme of Arrangement involving the Company, Fleur Hotels Limited ('Transferee Company/ FHL') a material subsidiary of the Company, Carnation Hotels Private Limited ('Transferor Company 1'), Hamstede Living Private Limited ('Transferor Company 2'), Oriole Dr. Fresh Hotels Private Limited ('Transferor Company 3'), Canary Hotels Private Limited ('Transferor Company 4'), Sukhsagar Complexes Private Limited ('Transferor Company 5'), Manakin Resorts Private Limited ('Transferor Company 6') and their respective shareholders and creditors under Sections 230-232 and other applicable provisions of the Companies Act, 2013 and the rules and regulations made thereunder (including any statutory modification(s) or reenactment(s) thereof) and other applicable laws and regulations including the Securities and Exchange Board of India ('SEBI') circular bearing number SEBI/HO/CFD/POD2/P/CI /2023/93 dated June 20, 2023 ('SEBI Circular'), the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), and relevant provisions of the Income-tax Act, 1961 and Income-tax Act, 2025, as applicable (including any statutory modification(s) or re enactment(s) thereof for the time being in force) ('Scheme').