HOSPITALITY
Leela Palaces Proposes To Invest ₹185 Cr In Ayodhya Hotel Subsidiary
Leela Palaces Hotels & Resorts Ltd has proposed to invest up to ₹185 crore in its subsidiary Buildminds Real Estate Pvt Ltd through subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds, incorporated on April 23, 2024, is developing an upcoming five-star hotel in Ayodhya. The investment will support its capital requirements and ongoing business operations. […]
