Hotel Leelaventure Ltd to consider preferential issue to convert debt into equity

A meeting of the Board of Directors of Hotel Leelaventure Ltd has been scheduled to be held on 11th June, 2018 to approve enabling resolutions for issue of upto 125 crore shares to JM Financial Asset Reconstruction Company Limited on preferential basis towards conversion of part of Debt into Equity.

Shares of HOTEL LEELAVENTURE LTD. was last trading in BSE at Rs.17.25 as compared to the previous close of Rs. 17.35. The total number of shares traded during the day was 145873 in over 312 trades.

The stock hit an intraday high of Rs. 17.55 and intraday low of 17.1. The net turnover during the day was Rs. 2519934.

Source : Equity Bulls

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