Leela Palaces Hotels & Resorts Limited
Max Life Insurance reduced its stake in Leela Palaces Hotels & Resorts Limited from 1.93% to 1.88%, selling 1,55,206 shares.
A luxury hospitality company operating premium hotels and resorts across India under The Leela brand. The company manages upscale properties that cater to high-end travelers, corporate guests, and leisure visitors, offering comprehensive accommodations, fine dining, and wellness facilities. Known for its focus on personalized service and distinctive experiences, the company operates iconic properties in major Indian cities and leisure destinations, establishing itself as a key player in the luxury hospitality sector.
Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.