Leela Palaces Hotels & Resorts Ltd. Company History and Annual Growth Details

Our Company was incorporated as “Schloss Bangalore Private Limited” on March 20, 2019, as a private limited company under the Companies Act 2013, at New Delhi, pursuant to a certificate of incorporation issued by the RoC CRC. Upon the conversion of our Company to a public limited company, pursuant to a resolution passed by our Board on May 29, 2024 and a special resolution passed by our Shareholders on May 30, 2024, the name of our Company was changed to “Schloss Bangalore Limited”, and a fresh certificate of incorporation dated July 3, 2024 was issued by the RoC CPC.

Major Events and Milestones:

2019

- Incorporation of our Company.

- Acquisition of The Leela Palace Bengaluru by our Company.

- Acquisition of The Leela Palace New Delhi by Schloss Chanakya.

- Acquisition of The Leela Palace Chennai by Schloss Chennai.

- Acquisition of The Leela Palace Udaipur by Schloss Udaipur.

- Novation of the management and operations agreement of The Leela Bhartiya City Bengaluru by HLV Limited to Schloss HMA.

- Novation of the management and operations agreement of The Leela Hyderabad by HLV Limited to Schloss HMA.

- Novation of the management and operations agreement of The Leela Ambience Gurugram Hotel & Residences by HLV Limited to Schloss HMA.

- Novation of the management and operations agreement of The Leela Ambience Convention Hotel Delhi by HLV Limited to Schloss HMA.

- Acquisition of “The Leela” brand by Schloss HMA.

- Schloss HMA entered into a centralised services and license agreement with HLV Limited in relation to The Leela Mumbai.

2020

- Novation of the management and operations agreement of The Leela Gandhinagar by HLV Limited to Schloss HMA.

2021

- Acquisition of Galleria at The Leela Palace Bengaluru by our Company.

2022

- Schloss HMA entered into a hotel operation and management services agreement with Kollam Royal Park Hotel and Resorts Private Limited in relation to The Leela Ashtamudi, A Raviz Hotel.

- Schloss HMA entered into a hotel operation and management services agreement with Kovalam Resort Private Limited in relation to The Leela Kovalam, A Raviz Hotel.

2023

- Acquisition of 50.00% shareholding of TPRPL by MPPL.

- Schloss HMA entered into an agreement for operation and maintenance of The Leela Sikkim.

2024

- Acquisition of 100.00% shareholding of Schloss Chennai by our Company.

- Acquisition of 100.00% shareholding of Schloss Gandhinagar by our Company.

- Acquisition of 100.00% shareholding of Schloss HMA by our Company.

- Acquisition of 100.00% shareholding of LPRL by our Company.

- Acquisition of 100.00% shareholding of MPPL by Schloss Chanakya.

- Acquisition of 100.00% shareholding of Schloss Chanakya by our Company.

- Acquisition of 100.00% shareholding of Schloss Tadoba by our Company.

- Acquisition of 50.00% shareholding of TPRPL by Schloss Chanakya.

- Acquisition of 100.00% shareholding of Schloss Udaipur by Schloss Chanakya.

- Amalgamation of TPRPL and MPPL.

- Acquisition of 100.00% shareholding of Leela BKC Holdings (formerly known as Transition Cleantech Services Four Private Limited) by our Company.

- Acquisition of 100.00% shareholding of TCS Five by our Company.

- Acquisition of 100.00% shareholding of Aries Holdings by Schloss Chennai.

- LPRL secured letter of award from Jammu & Kashmir Tourism Development Corporation as lead member of a consortium in relation to development of The Leela Palace Srinagar, Jammu and Kashmir.

- Commencement of operations at The Leela Hyderabad.

- Acquisition of 74.00% shareholding of Anasvish Tiger Camp Private Limited by our Company.

- Schloss HMA entered into a hotel operation and management services agreement with Anasvish Tiger Camp in relation to The Leela Bandhavgarh.

- Acquisition of 51.00% shareholding of Inside India Resorts Private Limited by our Company.

- Schloss HMA entered into a hotel operation and management services agreement with Inside India Resorts in relation to The Leela Ranthambore.

- Lago Vue entered into a concession agreement with Jammu and Kashmir Tourism Development Corporation for the development, operation and maintenance in relation to The Leela Palace Srinagar, Jammu and Kashmir.

2025

- Acquisition of 76.00% equity shareholding and 19.98% preference shareholding of Buildminds Real Estate Private Limited by our Company.

- Schloss HMA entered into a hotel operation and management services agreement with Buildminds Real Estate Private Limited in relation to The Leela Ayodhya.