Lands End Properties has informed that the Board of Directors of the Company at its meeting held on October 14, 2015 has taken on record and registered the transfer of 80.1% of the equity shareholding of the Company from the erstwhile shareholders of the Company to The Indian Hotels Company (IHCL). Pursuant to this transfer, the Company has become a wholly owned subsidiary of IHCL.
The above information is a part of company’s filings submitted to BSE.