Hospitality firm Four Seasons withdraws IPO plan
Wednesday, March 22, 2017, 5:17 PM
Hospitality firm Four Seasons Residency Ltd has withdrawn its plan to launch an initial public offering, after filing the draft papers with markets regulator SEBI a month back. The proposed public issue comprised sale of a fresh issue of up to 1 crore equity shares of the company. This works out to 39 % of the total holding, DRHP filed with SEBI showed.