Pursuant to Regulation 29 of the SEBI (Listing Obligations and Listing Requirements) Regulations, 2015, Hotel Leela Venture has informed that a meeting of the Board of Directors of the Company has been scheduled to be held on 11th June, 2018 to approve enabling resolutions for issue of upto 125 crore shares to JM Financial Asset Reconstruction Company on preferential basis towards conversion of part of Debt into Equity.
The above information is a part of company’s filings submitted to BSE.