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L&T Finance Holdings allots 1.45 crore CRPS on private placement basis

Capital Market 

has allotted 145,40,000 Redeemable Non-Convertible Preference Shares ('CRPS') of face value of Rs. 100 each at par aggregating to a nominal amount of Rs. 145.40 crore on a private placement basis to identified investors (base issue size: Rs. 75 crore with option to retain over subscription upto Rs. 120 crore aggregating to a maximum of Rs. 195 crore as per the Information Memorandum dated 14 May 2019).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 17 2019. 13:48 IST