L&T Finance Ltd.

American private equity fund Warburg Pincus is reportedly in talks with L&T Finance Holdings to purchase stake in the company. Both Warburg Pincus and L&T Finance, which have agreed to a deal up to 25% stake, are now negotiating on the price.

Earlier last month, L&T Finance Holdings, owned by India's largest engineering and constructions firm Larsen & Toubro, said that the company meets various investors from time to time and the investors/stock exchanges would be informed us and when definitive developments take place.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.