Description

Schloss Bangalore Limited will be renamed to Leela Palaces Hotels & Resorts Limited effective October 13, 2025. The trading symbol THELEELA remains unchanged.

Summary

The National Stock Exchange has announced that Schloss Bangalore Limited will undergo a corporate name change to Leela Palaces Hotels & Resorts Limited, effective October 13, 2025. The company’s trading symbol THELEELA will remain unchanged.

Key Points

  • Company name changes from Schloss Bangalore Limited to Leela Palaces Hotels & Resorts Limited
  • Trading symbol THELEELA remains unchanged
  • Change effective from October 13, 2025
  • Circular reference number: 1950/2025
  • NSE reference: NSE/CML/70658

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard administrative update for a corporate name change.

Compliance Requirements

Members of the exchange are required to:

  • Note the name change in their systems
  • Update company records effective October 13, 2025
  • Continue using the existing trading symbol THELEELA

Important Dates

  • Circular Issue Date: October 07, 2025
  • Effective Date: October 13, 2025

Impact Assessment

Market Impact: Minimal. Name changes are administrative in nature and do not affect trading operations or investor holdings.

Operational Impact: Low. The trading symbol remains unchanged, minimizing the need for system updates by market participants.

Investor Impact: Negligible. Shareholders’ holdings remain unaffected, and the familiar trading symbol THELEELA continues to be used for all transactions.

Impact Justification

Administrative name change only; trading symbol unchanged; minimal market impact