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L&T likely to sell 5% equity share capital of L&T Finance Holdings

21 Sep 2015 Evaluate

Larsen & Toubro (L&T) may sell 5% equity share capital of L&T Finance Holdings held by them. The company has received expression of interest for purchase of around 5% of the equity share capital of L&T Finance Holdings. It is evaluating this offer and may sell around 5% of the equity share capital of L&T Finance Holdings, subject to appropriate internal clearances.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $15 billion in revenue. It operates in over 30 countries worldwide.


Peers
Company Name CMP
Larsen & Toubro 3859.10
Kalpataru Projects 1396.95
NCC 135.30
Rail Vikas Nigam 200.35
KEC International 403.00
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