L&T Finance Ltd.

Citigroup has increased its stake in financial services firm L&T Finance Holdings from 5.74% to 7.56%. Citigroup Global Market Mauritius purchased 3.18 crore shares or 1.82% of L&T Finance Holdings from the secondary market valuing the transaction at about Rs 208.8 crore.

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.