Hotel Leelaventure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, inter alia, have considered and approved the following:<BR><BR>1. The Board deferred consideration of the date of the ensuing 35th Annual General Meeting of the Company and the period of Book Closure to the next meeting.<BR><BR>2. The Board has passed an enabling resolution for raising of funds upto Rs. 1,000 Crores through issue of equity shares / convertible debentures / GDRs / ADRs and/or such other securities either through preferential issue and / or qualified institutional placement and / or private placement, etc. in one or more tranches at an appropriate time.
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