New Delhi, Jan. 12 -- Lemon Tree Hotels share price surged by 4% during Monday's trading session following the company's announcement of a significant restructuring initiative focused on unlocking value and raising funds, which includes the formation of two distinct entities and the introduction of Warburg Pincus as a strategic partner.

As part of the planned reorganization, Lemon Tree Hotels will be transformed into a dedicated, asset-light hotel management and branding platform, while a newly established entity, Fleur Hotels, will encompass the group's hotel ownership assets along with its development capabilities.

At present, Lemon Tree possesses a 58.91% share in Fleur, while APG retains the remaining 41.09%.

In the course of this ...