BRIEF-L&T Finance Holdings Approves Raising Up to 3 Bln Rupees Through Private Placement

  • Reuters
  • Stock Market News
BRIEF-L&T Finance Holdings Approves Raising Up to 3 Bln Rupees Through Private Placement
Credit: © Reuters.

Dec 18 (Reuters) - L&T Finance Holdings Ltd LTFH.NS :

* L&T FINANCE HOLDINGS LTD -APPROVAL BY COMMITTEE OF DIRECTORS FOR RAISING FUNDS THROUGH OFFER, ISSUANCE OF PREFERENCE SHARES ON A PRIVATE PLACEMENT

* L&T FINANCE HOLDINGS LTD -APPROVED ISSUANCE OF UP TO 30 MILLION CUMULATIVE COMPULSORILY REDEEMABLE NON-CONVERTIBLE PREFERENCE SHARES UPTO 3 BILLION RUPEES

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