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Schloss Bangalore Ltd. ( (IN:THELEELA) ) has issued an update.
Leela Palaces Hotels & Resorts Limited has incorporated a new wholly owned subsidiary, Leela Opulence Hotels Private Limited, which was registered on December 22, 2025 with the Ministry of Corporate Affairs. The new entity, set up with an initial paid-up share capital of INR 1,000 and authorised capital of INR 5,00,000, will focus on owning, operating, managing and developing luxury hotels and resorts under “The Leela” brand, aligning with the parent company’s core hospitality business and signaling continued expansion in the luxury hotel segment.
More about Schloss Bangalore Ltd.
Leela Palaces Hotels & Resorts Limited, formerly known as Schloss Bangalore Limited, operates in the hotels and resorts industry, focusing on owning, operating, managing and developing luxury hotels and resorts under “The Leela” brand in India. The company targets the premium and luxury hospitality segment, leveraging a portfolio of high-end properties to strengthen its position in the upscale travel and tourism market.
Average Trading Volume: 22,933
Technical Sentiment Signal: Hold
Current Market Cap: 137.3B INR
For detailed information about THELEELA stock, go to TipRanks’ Stock Analysis page.