Stocks

L&T Finance Holdings allots rights issue shares

Our Bureau Chennai | Updated on February 23, 2021

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.

Published on February 23, 2021

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