Financial Results for March 31, 2014
Hotel Leelaventure Ltd has informed BSE about the Financial Results for the period ended March 31, 2014.27-05-2014
27-05-2014
Updates on Bridge Loans
With reference to the earlier announcement dated March 12, 2014 regarding the Board considered the progress on the sale of assets and indicative term sheets for a bridge loan from Kohlberg Kravis Roberts (KKR) and resolved that the terms of the loan did not meet the Companys requirements and had to be negotiated and authorised Mr. Vivek Nair, Chairman & Managing Director and Mr. Dinesh Nair, Co-Chairman & Managing Director to negotiate and finalise...21-05-2014
Closure of Trading Window
Hotel Leelaventure Ltd has informed BSE that a meeting of the Board of Directors of the Company has been scheduled to be held on May 27, 2014, inter alia, to consider the following:1. The audited standalone financial results of the Company for the financial year ended on March 31, 2014.2. The audited consolidated financial results of the Company for the financial year ended on March 31, 2014....19-05-2014
Demise of Founder and Chairman Emeritus
Hotel Leelaventure Ltd has informed BSE about the sudden demise of its Founder and Chairman Emeritus, Capt. C. P. Krishnan Nair (91 years) on May 17, 2014 after a brief illness.17-05-2014
Clarifies on News Item
With reference to the news item appearing in the news channel captioned "Hotel Leela plans to sell its Delhi & Chennai properties", Hotel Leelaventure Ltd has Clarified to BSE as under:"1. The Company is in discussion with various investors and lenders, for raising funds to meet debt servicing obligations.2. The Company is not aware of any information, that has not been announced to the Exchanges, which could explain price movement in the shares of the Company....21-04-2014
Shareholding Pattern for March 31, 2014
Hotel Leelaventure Ltd has informed BSE about the Shareholding Pattern for the Quarter ended March 31, 2014.11-04-2014
Outcome of Board Meeting
Hotel Leelaventure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 12, 2014, considered the progress on the sale of assets and indicative term sheets for a bridge loan and resolved that the terms of the loan do not meet the Companys requirements and are to be negotiated and authorised Mr. Vivek Nair, Chairman & Managing Director and Mr. Dinesh Nair, Co-Chairman & Managing Director to negotiate and finalise...12-03-2014
Clarifies on News item
With reference to the news article appearing in a leading financial daily titled "Leela may have Found a New Roomie in KKR", Hotel Leelaventure Ltd has clarified to BSE that the Company is in discussion with various investors and lenders, for raising funds to meet debt servicing obligations. However, the Company has not entered into any agreement with any of them....10-03-2014
Board Meeting on March 12, 2014
Hotel Leelaventure Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 12, 2014, inter alia, to evaluate various options for meeting the debt service obligations of the Company.10-03-2014