November 26, 2018 / 8:22 AM / 18 days ago

BUZZ-India's Hotel Leelaventure hits upper circuit on reports of investment

(Adds Hotel Leelaventure’s response)

** Shares of Hotel Leelaventure Ltd rise as much as 19.8 percent to 10.6 rupees, hit upper trading circuit

** A consortium, including Thailand's Minor International PCL, is considering an investment of around $350 mln in Leelaventure, Bloomberg reported here on Friday

** Leelaventure says co and lenders are evaluating various offers, and there is no binding contract with any investor as on Nov 26 for investment in co

** Minor International was not immediately available for comment

** Leelaventure stock marks biggest intraday pct gain since Feb 9

** About 2.7 mln HTLE shares change hands, compared with the 30-day avg of 285,627

** HTLE shares down 57.5 pct this year as of last close

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