LEMON TREE HOTELS Share price

Brief history of the companyThe 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 the 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 the 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 the 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.Major events and milestones:2004-Opened the first “Lemon Tree Hotel” in Gurugram Haryana India2006- Investment by Maplewood2008- Investment by Citron2009- Opened the first “Red Fox” hotel in Jaipur Rajasthan2010- Opened the first “Lemon Tree Premier” hotel in Leisure Valley Gurugram Haryana India2011- Awarded the national award for the empowerment of persons with disabilities by the Ministry of Social Justice and Empowerment Government of India for its outstanding performance as an employer of persons with disabilities2012- Investment by APG- Commenced the business of management of hotels through our Subsidiary Carnation- Awarded the national award for empowerment of persons with disabilities by the Ministry of Social Justice and Empowerment Government of India for providing barrier-free environment for persons with disabilities2014- Awarded the Hospitality Exemplary Practice award by the Cornell University at the Cornell Hotel Research Summit2015- Awarded the Asian Human Capital Award by the Ministry of Manpower Singapore and the Human Capital Leadership Institute for its inclusivity/ diversity philosophy2016- Ranked in the 9th position in the list of India’s best companies to work for adjudged by the Economic Times and the Great Place to Work Institute India.- Awarded the national award for the empowerment of persons with disabilities by the Ministry of Social Justice and Empowerment Government of India for its outstanding performance as an employer of persons with disabilities-Adjudged as the Best Company in India for workplace culture transformation by the Economic Times and the Great Place to Work Institute India- Was a joint overall winner in the category of best accommodation for responsible employment at the World Responsible Tourism Awards in World Travel Market London2017- Ranked 4th in the list of India’s Best Companies to Work for adjudged by the Economic Times and the Great Place to Work Institute India- Recognised by the Economic Times and the Great Place to Work Institute India for being among the best in:(i) the special category of utilizing analytics to drive a great place of place of work;(ii) the industry of hotels and resorts; and(iii) the special category of employer branding.- Ranked 19th by Great Place to Work Institute for being the best large workplace in Asia