Government Pension Fund Global (Norway), which last held 1.16 percent of Lemon Tree Hotels Limited, is no longer listed among its public shareholders, indicating either a complete sale or a reduction to below the 1 percent reporting threshold.
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.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
