L&T Finance Holdings allots rights issue shares

lt finance holdings allots rights issue shares

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.

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