Nomura trimmed its stake in Lemon Tree Hotels from 5.08% to 3.08%, selling 1,58,69,284 shares via the secondary market for ₹170.25 Cr at ₹107.28 apiece.
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.
