Bain sells a 2.82% stake in L&T Fin : vimarsana.com

Bain sells a 2.82% stake in L&T Fin

US-based investment firm Bain Capital sold a 2.82% stake in L&T Finance Holdings Ltd for ₹910 crore, causing the company's shares to drop 3%. Other investors bought stakes in the block deal. L&T Finance reported a 102.6% increase in net profit for Q1 FY24.

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