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Posted On

17 May 2014 10:31 AM GMT

Updated On

2014-05-17T16:01:25+05:30

Captain Krishnan Nair passes away

Mumbai: Captain Krishnan Nair, 93, founder of the Leela Group, passed away at 3.30 a.m on Saturday. He was suffering from age-related health issues.

Last rites will be held at Juhu in Mumbai on Sunday evening.

Krishnan Nair founded Leela Lace Ltd., a textile company in 1957 and later became the Founder-Chairman of the Leela Group of Hotels, established in 1986.

Nair was born and brought up in Kannur, one of the eight children of a government bill collector.

He had served in the Indian National Army under Netaji Subhash Chandra Bose.

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