The licence is for developing and operating a 5-star hotel under the company’s upper upscale brand, Aurika. The property, to be named “Aurika, Nehru Place,” will be the brand’s first in the National Capital Region. On Thursday (August 14), shares of Lemon Tree Hotels Ltd ended at ₹145.25, down by ₹1.95, or 1.32%, on the BSE.
