Larsen Toubro has sold 85,226,706 equity shares of LT Finance Holdings Limited representing 4.95% of existing equity share capital of the Company on National Stock Exchange today at Rs. 70 per share.
Background:
Larsen Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with overUSD 15 billionin revenue. It operates in over 30 countries worldwide. A strong, customerndash;focused approach and the constant quest for top-class quality have enabled LT to attain and sustain leadership in its major lines of business for over seven decades.