tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Leela Palaces Subsidiary Credit Ratings Withdrawn Post Repayment

Story Highlights
Leela Palaces Subsidiary Credit Ratings Withdrawn Post Repayment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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Leela Palaces Hotels & Resorts Limited announced that ICRA Limited has withdrawn the credit ratings for its subsidiary, Tulsi Palace Resort Private Limited.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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1