/ L&T Finance Holdings To Allot 6,38,20,990 Equity Shares On A Preferential Basis ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 17 May 2017


The stock of L&T Finance Holdings is trading down by 0.9% at Rs 132.90 per share at 01:09 PM IST on the BSE. It hit a high of Rs 134.50 per share and a low of Rs 132.70 per share so far during the day.

The company on Wednesday announced that the Committee of Directors of the company at its meeting held on 17 May 2017 has approved the allotment of 6,38,20,990 (six crore thirty-eight lakhs twenty thousand nine hundred and ninety) equity shares to BC Asia Growth Investments pursuant to conversion of warrants issued on 18 December 2015, on a preferential basis, as per BSE filing.

On the NSE, the traded volume of the stock is 7,70,858 shares, whereas the traded value of the stock is Rs 1030.64 lakhs. The market capitalisation of the company is 7795.67 crores.

L&T Finance Holdings Limited is a non-banking financial institution core investment company.

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