Hotel Leelaventure repurchases 13 bonds worth US$ 1.3 million

Hotel Leelaventure Ltd has announced that the Company has repurchased and cancelled 13 units of the Bonds aggregating to the face value of US$ 1.3 Million.

Hotel Leelaventure Ltd has repurchased Zero Coupon US$ Convertible Bonds with maturity of April 2012 worth US$ 1.3 Million (Face Value).

The amount of Bonds outstanding after this repurchase is US$ 68.70 Million.

The stock was trading at Rs.17.15, down by Rs.0.10 or 0.58%. The stock hit an intraday high of Rs.17.35 and low of Rs.17.05.

The total traded quantity was 39560 compared to 2 week average of 136776.

Source : Equity Bulls

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