The Company was incorporated as “P.M.G Hotels Private Limited” on June 2, 1992, as a private limited company under the Companies Act 1956, at New Delhi, with a certificate of incorporation granted by the ROC. Pursuant to a resolution of our shareholders dated December 13, 2002, the name of our Company was changed to “Krizm Hotels Private Limited” and a fresh certificate of incorporation dated January 7, 2003 was issued by the ROC. Further, pursuant to a resolution of our shareholders dated June 2, 2010, the name of our Company was changed to “Lemon Tree Hotels Private Limited” and a fresh certificate of incorporation consequent to change in name was issued by the ROC on June 10, 2010. On the conversion of our Company to a public limited company pursuant to a resolution passed by our shareholders on September 29, 2012, our name was changed to “Lemon Tree Hotels Limited” and a fresh certificate of incorporation dated October 22, 2012 was issued by the ROC.
Lemon Tree Hotels’ ESG disclosures focus on material environmental, social, economic and governance parameters. The report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards (core criteria) and integrates the recommendations of the Sustainability Accounting Standards Board (SASB) and GRESB, formerly Global Real Estate Sustainability Benchmark. The report also showcases Lemon Tree’s commitment to Sustainable Development Goals (SDGs).
As a young hotel company in India, Lemon Tree Hotels are focused on creating a positive impact on all its stakeholders and for society at large. We plan to strike a balance between achieving healthy economic outcomes and running our operations in a sustainable manner. We have established clear long-term ESG goals, set metrics in place to measure progress and have maintained transparency through our disclosures.
In terms of new SEBI Regulations (effective December 1, 2015) all material disclosures made to Stock Exchange shall be hosted on the website for the company for a minimum period of 5 years and thereafter as per the archival policy of the company, as disclosed on the website.
Investor
