L&T Finance Holdings announces plans to raise funds

Though issue of preference shares on private placement basis

L&T Finance Holdings announced that the Company is intending to raise funds through issue of Cumulative Non-Convertible Compulsorily Redeemable Preference Shares (CRPS) for an amount not exceeding Rs. 500 crore, through private placement basis, on such terms and conditions as may be decided by the Board.

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