Lemon Tree Hotels has announced the superannuation of Mr. Vilas Pawar, a key Senior Management Personnel, effective the close of business hours on March 31, 2026. Following this departure, the responsibilities previously managed by Mr. Pawar have been smoothly transferred to Mr. Vivek Jhawar, who is already a member of the Senior Management team. This internal succession ensures operational continuity without significant disruption.
Change in Senior Management Personnel
Lemon Tree Hotels Limited has formally notified exchanges regarding a change within its Senior Management Personnel. The change is due to the superannuation of Mr. Vilas Pawar from the services of the Company, effective March 31, 2026.
Succession Planning Confirmed
In line with succession plans, the Company has confirmed that the responsibilities previously held by Mr. Pawar will be immediately assigned to Mr. Vivek Jhawar. Mr. Jhawar currently serves as the Senior Vice President – Business Development and is already designated as a member of the Senior Management Personnel.
Key Event Details
The required disclosures confirm the cessation date as the close of business hours on March 31, 2026. The documentation confirms that for this event, there are no applicable details regarding appointment profiles or disclosures of relationships between Directors.
Source: BSE