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Hotel Leela Venture commences process to sell two hotels

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Capital Market
Last Updated : Mar 03 2015 | 2:47 PM IST

In Goa and Chennai

Hotel Leela Venture has engaged JM Financial Institutional Securities ("JM Financial") for sale of its Chennai and Goa Hotels. In accordance with the powers delegated by the Company's Board, the Assets Sale Committee, in its meeting held on 02 March 2015 has decided to commence the process for sale of its hotels in Goa and Chennai. Accordingly, an advertisement is being released inviting interested parties to submit their EOI to JM Financial.

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First Published: Mar 03 2015 | 1:34 PM IST

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