Pursuant to Regulation 30 of the LODR Regulations read with the SEBI Master Circular issued thereunder, Leela Palaces Hotels & Resorts has proposed an investment of up to INR 185,00,00,000 (Rupees One Hundred and Eighty-Five Crores Only), in one or more tranches over one or more years, in Buildminds, a subsidiary of the Company, by way of subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds is engaged in the development of its upcoming 5-star Hotel at Ayodhya. The proposed investment forms part of the Company's overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary this will not result in any change in the management control or any economic interest in Buildminds. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A.
The above information is a part of company’s filings submitted to BSE.
