Lemon Tree Hotels Limited
Nomura decreased its stake in Lemon Tree Hotels from 3.74% to 2.04% by selling 13,544,541 shares. The transaction value is estimated to be ₹147.16 crore based on the share price of ₹108.65.
India's largest mid-priced hotel chain operates a diverse portfolio of properties across upscale, upper-midscale, midscale, and economy segments. The company delivers differentiated yet superior service offerings with a strong value-for-money proposition, catering to varied customer preferences. Its multi-brand approach and strategic positioning make it the third-largest overall hotel chain in India's competitive hospitality sector.
Japan's largest investment bank. India FPI activity covers proprietary, market-making, client flows and mandates such as the EPF Malaysia India allocation.