Hotel Leela Venture board reveiws CDR package

The board of directors of Hotel Leela Venture has reviewed the status of implementation of the corporate debt restructuring package and the current financial position. The board noted that if the sale of assets as envisaged in the CDR package does not take place, the company will have to apply for revision of the package. The stock on Thursday slumped 6.1 per cent at ₹15.8.