-0.60 (-0.20%) L&T Finance Holdings has received approval for issuance of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) for an amount of upto Rs 195 crore on a private placement basis. The Board of Directors of the Company at its meeting held on May 11, 2019 has approved the same.
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.