INDIAN HOTELS CO.LTD.

INDIAN HOTELS CO.LTD. - Updates

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14 Oct 2015
With reference to the earlier letter dated April 09, 2015, the Board of Directors of the Company had accorded its approval for the acquisition by the Company of 80.1% equity stake in Lands End Properties Private Limited ("LEPPL") for an aggregate consideration not exceeding INR 17 crores, Indian Hotels Company Ltd has now informed BSE that on October 14, 2015 the Company has completed the purchase of 80.1% equity stake of LEPPL from the erstwhile shareholders of LEPPL and [the Board of Directors of LEPPL have recorded and registered the transfer of shares on October 14, 2015. Pursuant to this purchase, LEPPL has become a wholly owned subsidiary of the Company.
View all announcements for INDIAN HOTELS CO.LTD.	Source: BSE India

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