Key Decision

The members of Lemon Tree Hotels Limited at the 34th Annual General Meeting held on Friday, September 18, 2026 at 01:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means facility, have approved the appointment of Mr. Patanjali Govind Keswani (DIN: 00002974) as Chairman and Non-Executive Director (Non-Executive Chairman) of the Company with effect from April 1, 2027.

Background and Rationale

Mr. Patanjali Govind Keswani was previously appointed as the Chairman and Executive Director of the Company for a period of 18 months with effect from October 1, 2025. According to the terms of this appointment, he will complete his tenure on March 31, 2027 and step down from his executive responsibilities.

The appointment as Non-Executive Chairman is intended to ensure continuity at the Board level and provide strategic guidance and oversight as the Company implements its succession and leadership transition plans.

Director Profile

Mr. Patanjali Govind Keswani holds a Bachelor's Degree in Electrical Engineering from IIT Delhi and a Post Graduate Diploma in Business Management from IIM Calcutta. He joined the TATA Administrative Service (TAS) in 1983 and worked with the TATA Group for 17 years, where his last assignment was as Senior Vice President of the Taj Group of Hotels. He subsequently worked with management consulting firm A.T. Kearney Inc. as an Associate Consultant and Director in their India Office before promoting Lemon Tree Hotels in 2002.

He has been associated with Lemon Tree Hotels as Director since August 3, 2002, and served as Chairman and Managing Director from incorporation until September 30, 2025. Under his leadership, Lemon Tree Hotels has become the fastest growing and largest mid-market and upscale hotel chain in India. The Company was publicly listed on April 9, 2018 under his guidance.

Director Relationships

Mr. Patanjali Govind Keswani is not related to any other Director except Mr. Aditya Madhav Keswani (his son), who is a Non-Executive Director in Lemon Tree Hotels Limited.

Compliance Status

Mr. Keswani is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other authority.

Term and Retirement

He would be liable to retire by rotation as per standard company procedures.