Hotel Leela rallies 3% on JM Fin ARC deal

Hotel Leelaventure went up over 3% today as its board approved an enabling resolution that allows it to transfer a majority stake to JM Financial Asset Reconstruction Company. The hospitality chain’s co-chairman, however, hinted at a possible deal with a consortium of three foreign entities to find a solution to its debt problem.

For Real Time News & Trading Trends Keep Liking Epic Research Private Limited

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Share Button

About the Author

Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300