Hotel Leela Gets Board’s Nod for Fund Raising Plan

May 25, 2010 by admin  

Hotel Leela Venture, one of the leading players of the hospitality industry, has received its board’s approval to mop up funds upto Rs 750 crore through Qualified Institutional Placement (QIP) and /or Foreign Currency Convertible Bond (FCCB) in one or more tranches at an appropriate time.

The company’s board gave its approval for the same at its meeting held on May 24, 2010.

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