L&T Finance Holdings Ltd approves allotment of 63820990 Equity Shares on conversion of warrants

The Committee of Directors of L&T Finance Holdings Ltd at its Meeting held on May 17, 2017 has approved the allotment of 6,38,20,990 (Six Crore Thirty Eight Lakhs Twenty Thousand Nine Hundred and Ninety) equity shares to BC Asia Growth Investments pursuant to conversion of warrants issued on December 18, 2015, on a preferential basis.

Shares of L&T FINANCE HOLDINGS LTD. was last trading in BSE at Rs.132.55 as compared to the previous close of Rs. 134.15. The total number of shares traded during the day was 186448 in over 1198 trades.

The stock hit an intraday high of Rs. 134.5 and intraday low of 132.1. The net turnover during the day was Rs. 24828187.

Source : Equity Bulls

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