Business Standard

Hotel Leela to allot shares to promoter Co

Will allot shares of upto Rs 100 crore to rockfort Estate Developers

Swaraj Baggonkar Mumbai
Shareholders of Mumbai-based luxury hotel company Hotel Leelaventure have approved the allotment of shares of upto Rs 100 crore to Rockfort Estate Developers, a promoter group entity on preferential basis. The applicable price per share is Rs 19.72 as per SEBI ICDR Regulations and the total allotment will be 50,709,939 equity shares. 

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First Published: Sep 20 2013 | 6:35 PM IST

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