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Founded in 2019, Schloss Bangalore Limited is a luxury hospitality company operating under "The Leela" brand, utilizing a hybrid model of direct ownership and management agreements, owning 5 hotels and managing 7 others.
Leela Palaces' wholly-owned subsidiary will acquire a 25% stake in Argon Holdings (DIFC) Ltd. for INR 35,000. This investment, aimed at exploring UAE business opportunities, involves a related party. Argon is an investment company with no past turnover.
THELEELA (formerly Schloss Bangalore Limited) has changed its name to Leela Palaces Hotels & Resorts Limited. This move clarifies the company's luxury hospitality brand and operational focus.
Company's name officially changed from Schloss Bangalore Limited to Leela Palaces Hotels & Resorts Limited. This rebrands the entity under the renowned Leela Palaces identity, better reflecting its core hospitality business.
Schloss Bangalore representatives will attend an investor meet hosted by Elara Capital in Mumbai. Management will interact with investors. Importantly, no new unpublished price-sensitive information will be shared, maintaining focus on existing business updates.
Schloss Bangalore has scheduled its Annual General Meeting (AGM) via video conferencing. Shareholders can access the AGM notice and FY2024-25 Annual Report through provided web links. Physical copies are available upon request. E-voting details are also available.