-0.60 (-0.20%) L&T Finance Holdings (LTFH) has closed its rights issue and has raised over Rs 2,998 crore. LTFH has closed its rights issue to raise Rs 2,998.61 crore. The rights issue was oversubscribed by approximately 15 per cent.
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.