Nomura Asset Management Co., Ltd. has disclosed the sale of 15,869,284 shares, representing 2.003% of the total equity capital, in Lemon Tree Hotels Limited. This transaction occurred between April 30, 2024, and September 7, 2026. Following the sale, Nomura’s remaining holding stands at 24,364,623 shares, equating to 3.075% of the company’s total voting capital.
Nomura Asset Management Discloses Stake Sale
Nomura Asset Management Co., Ltd. has formally announced the sale of a significant portion of its holdings in Lemon Tree Hotels Limited. The transaction involved the disposal of 15,869,284 equity shares, which constitutes 2.003% of the company’s total share capital. This sale was executed in the secondary market.
Holding Details Before and After Sale
Prior to this sale, the holding stood at 40,233,907 shares. The recent transactions, detailed in the disclosure, indicate a net disposal that reduced the shareholding. As of the last reporting period on April 30, 2024, the stake was reported at 5.078%. The current reporting date is September 8, 2026, with the sale taking place on September 7, 2026.
Current Shareholding
Following the sale, Nomura Asset Management, through its associated funds, now holds 24,364,623 shares in Lemon Tree Hotels Limited. This represents 3.075% of the company’s total equity and voting capital. The total paid-up equity capital of Lemon Tree Hotels Limited is 792,246,464 shares. The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Source: BSE
