L&T Finance allots 2.5 cr CCRPS face value of Rs 100 each

L&T Finance has informed BSE that the Committee of Directors of the Company has approved the allotment of 2.50 crore unlisted 8.75% Cumulative Compulsorily Redeemable Preference Shares of FV Rs 100 each at par on private placement basis aggregating to Rs 250,00,00,000 at its meeting held on March 31, 2013, to eligible allottees on pro-rata basis.

April 01, 2013 / 18:25 IST
Story continues below Advertisement

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

Read all announcements in L&T Finance

first published: Apr 1, 2013 06:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!