Company Overview and News

Hotel Leelaventure gets shareholders nod to sell land in Pune for Rs 130 crore

2018-09-01 moneycontrol
Hotel Leelaventure on Saturday said its shareholders have given their consent to sell the company's land in Pune to Leela Lace Holdings Pvt Ltd for a consideration of Rs 130 crore.

Promoters forgo salary for second straight year as Hotel Leela#39;s financial mess worsens

2018-08-14 moneycontrol
The chairman and co-chairman of Hotel Leelaventure were forced to forgo their full salaries for the financial year ended March as the company continued to grapple with a huge pile of debt on its books.

Hotel Leelaventure defaults on payment of quarterly interest to Life Insurance Corporation of India

2018-06-22 moneycontrol
Cash-strapped hospitality chain Hotel Leela Venture has defaulted in payment of quarterly interest of Rs 2.12 crore to Life Insurance Corporation of India (LIC).

Hotel Leela board to consider 125 cr share issue to JM Financial

2018-06-04 moneycontrol
Hotel Leela Venture today said its board will meet on June 11 to approve a share issue of up to 125 crore shares on preferential basis to JM Financial Asset Reconstruction Company for converting of part of debt into equity.

Hotel Leelaventure defaults on NCD interest to LIC

2018-04-17 thehindubusinessline
Our Bureau Hotel Leelaventure on Tuesday said that it has defaulted on interest and principal payments since 2016, on the ₹90-crore non-convertible debentures issued to Life Insurance Corporation of India.

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