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Leela Palaces Subsidiary Credit Ratings Withdrawn Post Repayment

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Leela Palaces Subsidiary Credit Ratings Withdrawn Post Repayment

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The latest announcement is out from Schloss Bangalore Ltd. ( (IN:THELEELA) ).

Leela Palaces Hotels & Resorts Limited announced that ICRA Limited has withdrawn the credit ratings for its subsidiary, Tulsi Palace Resort Private Limited. This withdrawal follows the full repayment of the rated instruments, indicating a positive financial position for the subsidiary and potentially enhancing the company’s overall financial stability.

More about Schloss Bangalore Ltd.

Leela Palaces Hotels & Resorts Limited, formerly known as Schloss Bangalore Limited, operates in the hospitality industry, focusing on luxury hotels and resorts. The company is known for its premium services and has a significant presence in the Indian market.

Average Trading Volume: 65,650

Current Market Cap: 143.7B INR

For an in-depth examination of THELEELA stock, go to TipRanks’ Overview page.

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