US slaps Imran Khan on wrist

US slaps Imran Khan on wrist

US hints Imran Khan is doing the wrong thing in trying to bring down Nawaz Sharif govt...
No table for three

No table for three

Narendra Modiís gamble wonít work unless Delhi gets act together on J&K, border management...

Larsen & Toubro sells 0.06 pct L&T Finance Holdings stake for Rs 7.68 cr

Nov 26 2013, 16:33 IST
Comments 0
L&T Finance Holdings shares fell 1.12 per cent to Rs 74.95 in afternoon trade on the BSE. Reuters L&T Finance Holdings shares fell 1.12 per cent to Rs 74.95 in afternoon trade on the BSE. Reuters
SummaryLarsen & Toubro sold 10,00,554 shares in its financial services arm though the NSE, BSE.

Engineering major Larsen & Toubro (L&T) today said it sold a 0.06 per cent stake in L&T Finance Holdings for Rs 7.68 crore.

L&T sold 10,00,554 shares in its financial services arm on November 25 though the National Stock Exchange and the BSE, the company said in a filing.

Following the transaction, Larsen & Toubro has 141.19 crore shares, or a 82.2 per cent stake, in L&T Finance Holdings Ltd.

L&T sold 7.06 lakh shares through the NSE, which fetched Rs 5.42 crore. It received Rs 2.26 core by selling 2.94 lakh shares on the BSE.

L&T Finance Holdings offers financial products and services across the corporate, retail and infrastructure finance sectors. It is registered with the Reserve Bank as a non-banking financial company.

L&T Finance Holdings shares fell 1.12 per cent to Rs 74.95 in afternoon trade on the BSE.

Ads by Google

More from FE editor's picks

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...