L&T Finance Ltd.

BSE: 533519 | NSE: LTF
Mid Cap | Finance - NBFC
305.15
-0.60 (-0.20%)
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L&T Finance Holdings informs about the outcome of the Board Meeting

Date: 11-09-2019

L&T Finance Holdings has informed about the meeting of the Committee of Directors of the Company was held on September 11, 2019 to approve the offer and issuance of up to 100,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ('CRPS') of face value of Rs. 100 at par aggregating to a nominal amount of up to Rs. 100,00,00,000 on a private placement basis at the dividend rate of 7.95% p.a. payable annually.

The above information is a part of company’s filings submitted to BSE.