Board of L&T Finance Holdings approves rights issue price of Rs 65 per share
a. Instrument: Fully paid-up Equity Shares of face value of Rs10 each b. Total number of Equity Shares and Rights Issue size: 46,13,25,021 fully paid-up Equity Shares each for amount aggregating to Rs 2,998.61 Crore c. Rights Issue Price: Rs 65 per fully paid-up Equity Share [including a premium of Rs 55 per Equity Share] d. Record date: 22 January 2021 for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the Rights Issue (Eligible Equity Shareholders) e. Rights Issue period: 2. Rights Issue Closing Date: 15 February 2021. f. Outstanding Equity ...
Source: business-standard.com