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Hotel Leela Venture allots 16.39 crore equity shares

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Capital Market
Last Updated : Oct 25 2017 | 12:04 AM IST

On conversion of debt

Hotel Leela Venture has issued and allotted to JM Financial Asset Reconstruction Company Limited, 16,39,43,459 fully paid up Equity Shares of Rs.2 each, at a price of Rs.16.78 per Equity Share (including premium of Rs.14.78 per Equity Share) aggregating to Rs. 275.09 crore on conversion of debt.

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First Published: Oct 24 2017 | 7:04 PM IST

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