Hotel Leelaventure is seeking an approval from shareholders to sell four hotels, including one in the national capital, and other assets to Canadian investment fund Brookfield Asset Management for Rs 3,950 crore. The company is seeking approval for special resolutions from its shareholders through postal ballots to sell the different hotels.
Hotel Leela venture is an India-based holding company, which is engaged in hoteliering business. The company is engaged in providing accommodation and food services, and food and beverage services.
