L&T Finance Holdings Ltd has informed BSE that the Committee of Directors of the Company has approved the allotment of 2,50,00,000 (Two crore Fifty Lakhs) Unlisted 8.75% Cumulative Compulsorily Redeemable Preference Shares of face value Rs. 100/- each at par on private placement basis aggregating to Rs. 250,00,00,000/- (Two Hundred Fifty Crore only), at its meeting held on March 31, 2013, to eligible allottees on pro-rata basis.Source : BSE
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