Board of Hotel Leela Venture decide to transfer investment in two subsidiaries

Image
Capital Market
Last Updated : Nov 05 2014 | 9:40 PM IST

Held on 05 November 2014

Hotel Leela Venture announced that the Board of Directors of the Company at its meeting held on 05 November 2014 approved on the following -

Transfer of the entire investment/ shareholding of the Company in Leela Realty at a net worth value of Rs 8.58 lakh to promoters/ affiliates / related parties.

Transfer of Leela Palaces and Resorts for an enterprise value of Rs 90 crore to a prospective buyer.

Powered by Capital Market - Live News

More From This Section

First Published: Nov 05 2014 | 4:34 PM IST

Next Story