Hotel Leela Venture said its board has approved the proposed change in name of the company to ‘HLV Ltd’ or some other suitable name, if it is not available. As part of the Brookfield transaction, the word “Leela” would not be a part of the company’s name, Hotel Leela Venture said in a filing to the BSE. The Company will continue to own and operate the hotel in Mumbai, under the Leela Brand licensed to it by Brookfield.