Management

Hotel Leelaventure to raise $130 mn via share sale

Hospitality major Hotel Leelaventure today said it will raise up to $130 million (about Rs 600 crore) from share sale to part finance its expansion plans. - ITC stake in Leela rises to 7.37% - Hotel Leela mulls Rs 3,000-cr capex - Leisure properties report "sell-out" - FIPB nod to Hyatt-Emaar JV for hotels in India - Panoramic to raise up to Rs 100 cr via stake sale - Hotel Leelaventure buys back FCCBs worth $30 mn The company"s board of directors, at its meeting held, have approved to raise funds up to $130 million through issue of shares by way of private placement or through foreign currency convertible bonds, Hotel Leelaventure said in a filing to the Bombay Stock Exchange. The company will raise funds so as to reduce debt and also to part finance its expansion plans, the filing added.

car hire commented:

This blog will tell that hotel Leela aventure will raise its funds to reduce the debt amount.In this way they will provide finance to their expansion plans.

22.02.2012

budget hotels in Spain commented:

Superb quality content about hotel. The discussion is quite better and is effective

02.03.2012

singapore airport transfer commented:

Improved information as compare with other articles. A great way to start and end the information

31.03.2012

kl to singapore commented:

Such blogs are very difficult to locate and I appreciate this blog for having bulk of useful information on the topic.

01.05.2012


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Tarun Das: Engineering a confederation
More than lobbying for concessions, CII strove to be an instrument of change.
Popular Articles

ONGC-Hinduja JV loses Iran's oilfield to China co
The JV was supposed to get at least 45 per cent stake

Options limited for Madhya Pradesh
Will Madhya Pradesh be isolated on goods and service tax (GST) issue? If highly placed government sources, working the new tax system, are to be believed, the state government will have to follow the trend. “Eventually the state will have to implement the system, we cannot linger on. Other states like Chhattisgarh have also agreed to implement it, Gujarat government has welcomed it, Haryana has accepted it ‘in principle’ except for few points. How Madhya Pradesh can stand out?” asked an official. But the state finance minister has a long list to point out flaws in the new tax system, the main being, “The GST will bring even dal-chawal (rice and pulses) under tax net, which are exempted from VAT.”