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Hotel Leelaventure reply to clarification sought by the exchange

24 Dec 2015 Evaluate

The Exchange had sought clarification from Hotel Leelaventure with respect to news appearing in Financial Chronicle on December 23, 2015 titled ‘Leela group expands in NCR.’ Hotel Leelaventure replied that the contract for operating The Leela Ambience Convention Hotel, Delhi with 480 rooms from December, 2015 (copy attached) has been submitted on November 06, 2015. The said news item refers to the above hotel, which is being operated by the Company under a management contract.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.35
Mahindra Holi.&Resor 201.65
EIH 301.55
Chalet Hotels 883.00
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