Leela Palaces Hotels & Resorts Limited

Bank of America has dropped off Leela Palaces Hotels & Resorts Limited's disclosed shareholder list after previously holding 1.69 percent, indicating either a complete exit or a reduction below the 1 percent reporting requirement.

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.

US-based global bank and one of the world's largest financial institutions (USD 3+ trillion balance sheet). India FPI activity covers proprietary positions, market-making and client flows in listed Indian equities through BofA Securities and Merrill Lynch entities.