Hotel Leelaventure cancels 2950 bonds worth Euro 2.95 Million

Hotel Leelaventure Ltd has announced that the Company has repurchased and cancelled 2950 units of the Euro 1% Foreign Currency Convertible Bonds aggregating to the Face Value of Euro 2.95 Million.

Hotel Leelaventure Ltd has repurchased Euro 1% Convertible Bonds with maturity of September 2010 worth Euro 2.95 Million (Face Value).

The amount of Bonds outstanding after this repurchase is Euro 40.20 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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