Thursday, March 12, 2009

Hotel Leelaventure promoters pledge 20.87 pc stake

12 Feb 2009, PTI

MUMBAI: Hotel Leelaventure on Thursday said that its two promoters have pledged 7.88 crore shares representing 20.87 per cent stake in the company.

In a disclosure to the Bombay Stock Exchange, Hotel Leelaventure said its two promoters - Leela Lace Holdings and Leela Scottish Lace - have pledged 7.88 crore shares.

Leela Lace Holdings has pledged 6.02 crore shares, whereas Leela Scottish Lace pledged the remaining 1.86 crore shares, the company said.

Meanwhile, in a separate filing to the BSE, the hotel chain firm said it has bought back 1 per cent euro foreign currency convertible bonds worth 8.25 euro (nearly Rs 51.76 crore).

Shares of Hotel Leelaventure today closed at Rs 19.70, up 2.34 per cent on the BSE.

No comments:

Post a Comment