Sebi seeks details of transactions between Hotel Leela, Brookfield
  • WebDesk BTVI
  • Jul 24 2019

Sebi in a late evening order passed on Tuesday asked Hotel Leelaventures to share the details of all transactions between Hotel Leelaventure, its promoters, and Brookfield. The market regulator ordered that a special postal ballot notice be issued to ensure all shareholders are kept in the loop about the Leelaventure-Brookfield deal. It also said that a special resolution be found for the case by garnering votes majority of minority stakeholders.