L&T Finance Holdings allots Cumulative Compulsorily Redeemable Preference Shares

The Committee of Directors of L&T Finance Holdings Ltd vide its Circular Resolution dated August 13, 2014, has approved the allotment of 1,00,00,000 (One Crore) Listed, Cumulative Compulsorily Redeemable Preference Shares of face value Rs. 100/- each at par on private placement aggregating to Rs. 1,00,00,00,000/- (One Hundred Crore only) including all options to eligible allottees.

Shares of L&T FINANCE HOLDINGS LTD. was last trading in BSE at Rs.66.25 as compared to the previous close of Rs. 65.5. The total number of shares traded during the day was 468052 in over 5989 trades.

The stock hit an intraday high of Rs. 66.4 and intraday low of 65.5. The net turnover during the day was Rs. 30908043.

Source : Equity Bulls

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