L&T Financial Services jumped 6.38% to Rs 105.85 after the company said its board has approved raising of up to Rs 3,000 crore through a rights issue.The rights issue will open on 1 February 2021 and close on 15 February 2021. The NBFC has fixed a price of Rs 65 per equity share for the offer. The rights entitlement ratio is set at 17:74 (17 equity shares for every 74 shares held by the eligible equity shareholders of the company), as on the record date i.e. 22 January 2021. If the shareholding of any of the eligible equity shareholder is 5 or more, such shareholders will be entitled to at least 1 equity share.