HLV Ltd 2020 AR2
The report highlights HLV Limited's transition during the fiscal year 2019-20, including its name change from Hotel Leelaventure Limited and the sale of several hotel undertakings to Brookfield to settle outstanding debts. Following this transaction, the company now operates solely 'The Leela, Mumbai'. The company faced significant operational challenges towards the end of the fiscal year due to the COVID-19 pandemic, leading to a temporary suspension of operations. Despite these challenges, the company continued its environmental initiatives, such as utilizing wind energy and implementing water conservation practices, alongside supporting local communities through various CSR activities.
Company: HLV Ltd
Sector: Hospitality & food services
Country: India
Year: 2020
Type: AR2
Pages: 152
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HLV Ltd
Annual Report
The report highlights HLV Limited's transition during the fiscal year 2019-20, including its name change from Hotel Leelaventure Limited and the sale of several hotel undertakings to Brookfield to settle outstanding debts. Following this transaction, the company now operates solely 'The Leela, Mumbai'. The company faced significant operational challenges towards the end of the fiscal year due to the COVID-19 pandemic, leading to a temporary suspension of operations. Despite these challenges, the company continued its environmental initiatives, such as utilizing wind energy and implementing water conservation practices, alongside supporting local communities through various CSR activities.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
Sep 21, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees