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Sebi bars Hotel Leelaventure from selling properties to Brookfield Asset Management

Updated : April 24, 2019 11:48 AM IST

On March 18, Hotel Leelaventure Ltd (HLVL) had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur, and a property to Canadian investment fund Brookfield for Rs 3,950 crore.
It has sought shareholders approval and voting is scheduled to end on April 24.
Sebi bars Hotel Leelaventure from selling properties to Brookfield Asset Management

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