-0.60 (-0.20%) L&T Finance Holdings has raised funds around Rs 2000 crore. The Committee of Directors of the company (Committee) at its meeting held on March 08, 2018, has allotted 10,78,10,899 Equity Shares to Larsen & Toubro, the Promoter of the company at the issue price of Rs 185.51 per Equity Share (including a share premium of Rs 175.51 per Equity Share), aggregating to Rs 1999,99,99,873.49.
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.