Leela Palaces Hotels & Resorts Limited has announced the incorporation of its wholly owned subsidiary, "Leela Nirvana Resorts Private Limited". The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on December 19, 2025. Leela Nirvana has an authorized share capital of ₹5,00,000 and a paid-up share capital of ₹1,000. The company was incorporated in India on December 19, 2025, and has yet to commence its commercial operations. The main object of Leela Nirvana is to own, operate, manage, and develop luxury hotels and resorts under "The Leela" brand. The parent company, Leela Palaces Hotels & Resorts Limited, has subscribed to 100% of the share capital in cash, holding a 100% stake along with its nominee shareholders. This announcement is related to the incorporation of a subsidiary and does not fall within related party transactions. The details of this incorporation will be available on the company's website.