Brief: Lemon Tree Hotels Says Franchise Agreement Between Co And Lumbini Palace Resorts, Nepal Terminated
29/03/2024 11:27
March 29 (Reuters) - Lemon Tree Hotels Ltd LEMO.NS :
* LEMON TREE HOTELS LTD - FRANCHISE AGREEMENT BETWEEN CO AND
LUMBINI PALACE RESORTS, NEPAL HAS BEEN TERMINATED
* LEMON TREE HOTELS - NO SIGNIFICANT IMPACT ON NET WORTH OF
CO
* LEMON TREE HOTELS LTD - AGREEMENT TERMINATED DUE TO
DEFAULT/NON
COMPLIANCE OF AGREED TERMS BY LUMBINI PALACE RESORTS
Source text for Eikon: ID:nNSE7Z2gDK
Further company coverage: LEMO.NS
((Reuters.Briefs@thomsonreuters.com;;))
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