Hotel Leelaventure Limited has announced that the company has achieved considerable success in the second round of its exercise to buyback Foreign Currency Convertible bonds, before the window for the buyback as stipulated by the RBI closes in the year end.
The company has announced that the company has bought back and cancelled US$25mn of the FCCB maturity 2012 at a substantial discount to its accelerated price.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.