-0.60 (-0.20%) L&T Finance Holdings’ (LTFH) subsidiary -- L&T Capital Markets (Middle East) or LTCM has been dissolved and ceased to exist. On July 17, LTFH had informed about voluntary winding-up of one of its wholly-owned subsidiary incorporated in Dubai to carry on the off-shore wealth management business, subject to applicable laws of United Arab Emirates.
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.