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The latest update is out from Schloss Bangalore Ltd. ( (IN:THELEELA) ).
Leela Palaces Hotels & Resorts Limited has incorporated a wholly owned subsidiary, Leela Nirvana Resorts Private Limited, to further expand its presence in the luxury hotels and resorts segment under The Leela brand. Registered in Delhi on 19 December 2025 with an authorised share capital of INR 5,00,000 and initial paid-up capital of INR 1,000, the new entity is yet to commence commercial operations but is intended to own, operate, manage and develop luxury properties, reinforcing the group’s strategic focus on upscale hospitality and potentially strengthening its long-term portfolio and industry positioning.
More about Schloss Bangalore Ltd.
Leela Palaces Hotels & Resorts Limited, formerly Schloss Bangalore Limited, operates in the hotels and resorts industry with a focus on owning, operating, managing and developing luxury hotels and resorts under “The Leela” brand across India. The company targets the premium and luxury hospitality segment, positioning itself as a high-end player in the domestic hotel and resort market.
Average Trading Volume: 23,054
Technical Sentiment Signal: Hold
Current Market Cap: 137.6B INR
Find detailed analytics on THELEELA stock on TipRanks’ Stock Analysis page.