By way of issue of CRPS on a private placement basisThe Committee of Directors of L&T Finance Holdings at its meeting held on 29 November 2019 has approved the offer and issuance of up to 60,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs. 100 at par aggregating to a nominal amount of up to Rs. 60 crore on a private placement basis at the dividend rate of 7.60% p.a. payable annually.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)