Following the finalisation of the basis of allotment for the issue, approved by BSE, the designated stock exchange, the committee of directors of L&T Finance Holdings on Tuesday approved the allotment of 46.13 crore rights issue shares at a price of ₹65 a share to all the eligible shareholders.
Accordingly, the paid-up equity share capital of the company has increased to ₹2,469.44 crore from ₹2,008.12 crore. Shares of L&T Finance Holdings closed at ₹98.60 as compared to the previous close of ₹95.95 on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.