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ANI | Updated: Feb 18, 2021 18:27 IST Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): L&T Finance Holdings Limited ( LTFH or Company ), one of the leading private sector Non-Banking Financial Companies in India , present in businesses including rural finance, housing finance, infrastructure finance, and investment management, has closed its Rights Issue to raise Rs 2,998.61 crores ( Rights Issue ). The Rights Issue was oversubscribed by approximately 15 percent. On the success of the rights issue, Dinanath Dubhashi, Managing Director & Chief Executive Officer, L&T Finance Holdings said, We are delighted that our rights issue was oversubscribed and we are thankful to our investors for their support. The response reflects the faith in the resilience of our business model which along with our AAA credit rating, and the strong backing of our parents, gives us the confidence of continuing on our path of creating a stable and sustaina

Dinanath dubhashiBanking financial companiesMotilal oswal investment advisorsCapital marketsCitigroup global markets india privateCredit suisse securities india privateNational stock exchange of indiaCapital markets india privateAxis capitalLt finance holdingsSecurities india privateLt finance holdings limitedNon banking financial companiesRights issueManaging directorChief executive officer