Leela Palaces moves up on signing management agreement with The Godwin Group
Leela Palaces Hotels & Resorts is currently trading at Rs. 423.30, up by 1.85 points or 0.44% from its previous closing of Rs. 421.45 on the BSE.
The scrip opened at Rs. 420.00 and has touched a high and low of Rs. 423.95 and Rs. 414.50 respectively. So far 3708 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.00 on 14-Oct-2025 and a 52 week low of Rs. 382.50 on 19-Jun-2025.
Last one week high and low of the scrip stood at Rs. 449.75 and Rs. 414.50 respectively. The current market cap of the company is Rs. 14106.38 crore.
The promoters holding in the company stood at 75.91%, while Institutions and Non-Institutions held 19.58% and 4.51% respectively.
Leela Palaces, Hotels and Resorts has signed a management agreement with The Godwin Group for The Leela Jaisalmer, marking its foray into Rajasthan’s fabled desert capital, the Golden City. Spread across 30 acres of desert landscape, this 80-room luxury Desert Resort and Spa is slated to open in 2026, further expanding The Leela’s footprint across India’s most captivating leisure and cultural destinations. The signing marks a significant milestone in The Leela’s strategic growth journey reflecting its commitment to expanding through a balanced portfolio of owned and managed assets, while maintaining its hallmark of luxury and service excellence.
Nestled in the storied Thar Desert, strategically located near the majestic Jaisalmer Fort, a UNESCO World Heritage Site, The Leela Jaisalmer will offer an oasis of bespoke luxury and calm in the heart of Rajasthan’s golden sands. The resort is well connected to Jaisalmer Airport and easily accessible from Jodhpur, creating seamless connectivity for domestic and international travellers. Conceptualised as a luxury desert retreat, the resort will feature elegantly designed rooms and tented villas, an expansive spa, a salon, a dedicated kids’ club, a swimming pool, multiple dining venues, a large man-made lake, a pillarless ballroom, and generous outdoor lawns and courtyards ideal for destination weddings, milestone celebrations, and curated experiential gatherings.
With this signing, The Leela further enhances its footprint across Rajasthan’s high-demand leisure circuit while also creating synergistic itineraries with The Leela Palace Udaipur and The Leela Palace Jaipur, strengthening the brand’s presence across India’s premier tourism state.
The Leela Palaces, Hotels and Resorts (formerly known as Schloss Bangalore) is India’s largest institutionally owned and managed pure-play luxury hospitality brand.
