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This Article is From Jan 03, 2020

Hotel Leelaventure Changes Name To HLV Ltd

Hotel Leelaventure Changes Name To HLV Ltd
As part of the Hotel Leela-Brookfield deal, four hotels will be sold to the Canadian fund, barring the Mumbai property. (Image: Hotel Leelaventure website)

Hospitality firm Hotel Leelaventure Ltd. on Friday said the company name has been changed to HLV Ltd. with effect from Dec. 27, 2019.

"Stock exchanges have noted the change of name of the company from 'Hotel Leelaventure Limited' to 'HLV Limited' and the same will be given effect from Jan. 8, 2020," the company said in a regulatory filing.

The memorandum and articles of association of the company stands amended pursuant to change of name of the company, it added.

Earlier in Oct. 22, 2019 Hotel Leelaventure had said its board has approved the proposed change in name of the company to 'HLV Ltd' or some other suitable name, if it is not available.

As part of the Brookfield transaction, the word "Leela" would not be a part of the company's name, it had said in a filing.

Shares of Hotel Leelaventure closed at Rs 5.90 per scrip on BSE, down 1.01 percent from its previous close.

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