L&T Finance Holdings allots preference shares aggregating Rs 205 crore

The Committee of Directors of L&T Finance Holdings has approved today, i.e. 23 December 2019, allotment of 2,05,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs. 100 each at par aggregating to a nominal amount of Rs. 205 crore on a private placement basis to identified investors (base issue size of Rs. 150 crore and oversubscription of Rs. 55 crore).

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