Tag: Magnolia

Lemon Tree Hotels acquires 70% stake in Hamstede Living

Lemon Tree Hotels has announced the acquisition of 70% stake in Hamstede Living Private Limited. Post acquisition, Hamstede will become a wholly owned subsidiary of the Company, the statement said.  “In terms of the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015, we would…