Premium: Hotel Leela Gets Sorted. Does JM Financial Make A Lot Of Money?
Hotel Leela ventures had a failed corporate debt restructuring mechanism, which led the banking consortium to sell roughly Rs 4,100 Cr of debt to JM. Now Now considering most of Hotel Leela Ventures has been sold to Canada based Brookfield for roughly Rs 4,000 Crs. We need to understand how much JM will make out of this deal.