Leela Palaces Hotels & Resorts announced on Monday the incorporation of a wholly owned subsidiary to own, operate, manage, and develop luxury hotels and resorts under "The Leela" brand. The hospitality company has established Leela Imperial Suites Private Limited as its latest subsidiary entity with specific operational objectives focused on luxury hospitality ventures.

Incorporation and Registration Details

The Ministry of Corporate Affairs issued the Certificate of Incorporation for Leela Imperial Suites Private Limited on January 5. The subsidiary was incorporated in India and registered with the Registrar of Companies, Delhi. According to the regulatory filing, the company is yet to commence its business operations.

Strategic Business Objectives

The main object of the newly incorporated company is to own, operate, manage and develop luxury hotels and resorts under "The Leela" brand, as stated in the regulatory filing. This focused mandate represents a strategic move by the hospitality group to create a dedicated entity for its luxury hospitality operations and business expansion initiatives.

Ownership and Control Structure

Leela Palaces Hotels & Resorts holds 100.00% of the share capital of Leela Imperial Suites Private Limited, along with its nominee shareholders. This wholly owned subsidiary structure provides the parent company with complete operational control and strategic direction over the new entity.

The establishment of Leela Imperial Suites Private Limited adds to the company's portfolio of corporate entities, providing a dedicated platform for luxury hospitality ventures under the established "The Leela" brand portfolio.

Leela Palaces Hotels & Resorts Limited has announced the incorporation of a wholly owned subsidiary, Leela Imperial Suites Private Limited, as part of its strategic expansion in the luxury hospitality sector. The Ministry of Corporate Affairs, Government of India issued the Certificate of Incorporation on January 05, 2026.

Subsidiary Details and Capital Structure

The newly incorporated entity operates under the name Leela Imperial Suites Private Limited and has been established with specific capital parameters designed to support its operational objectives.

The company holds complete ownership of Leela Imperial through 100% subscription to the share capital in cash, along with its nominee shareholders. The subsidiary is registered with the Registrar of Companies, Delhi and is yet to commence its commercial operations.

Business Objectives and Strategic Focus

Leela Imperial Suites Private Limited has been established with clear operational mandates aligned with the parent company's luxury hospitality portfolio. The main object of the subsidiary is to own, operate, manage and develop luxury hotels and resorts under "The Leela" brand.

This incorporation represents a continuation of Leela Palaces Hotels & Resorts Limited's core business activities in the hospitality sector. The subsidiary will operate within the same industry vertical as its parent company, focusing specifically on luxury accommodation services.

Regulatory Compliance and Documentation

The incorporation has been completed in full compliance with regulatory requirements under the Securities and Exchange Board of India regulations. The company has made the necessary disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key regulatory aspects include:

• No governmental or regulatory approvals required for the incorporation
• Complete documentation filed with the Ministry of Corporate Affairs
• Proper disclosure made to stock exchanges as per listing obligations
• Full compliance with SEBI Master Circular requirements

Financial Structure and Operations

The subsidiary begins operations with a minimal paid-up capital structure, reflecting its early-stage status. Since Leela Imperial was incorporated on January 05, 2026, no turnover data is available for FY 2024-25 as the entity has yet to commence commercial operations.

The incorporation does not fall under related party transactions in the traditional acquisition sense, as this represents the creation of a new wholly owned subsidiary rather than an external acquisition. The transaction involved 100% cash subscription to the share capital, establishing clear ownership and control structures from the outset.