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| Exchange Disseminated Time 01/08/2016 16:30:02 | Hotel Leelaventure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 01, 2016, inter alia, have considered and approved the following:
- Postal Ballot
The Board approved commencement of process for sale of certain undertakings of the Company i.e. The Leela Palace, Chennai and/or The Leela Palace, New Delhi and to increase limits for making investments, give loans, guarantees and provide securities beyond the prescribed limits, subject to the approval of the members through a postal ballot.
The Board meeting started at 11.00 A.M. and concluded at 3.30 P.M. |
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