L&T Finance Limited — QIP/Rights/Pref., 12-06-2025: Allotment of Securities
12-06-2025 | 06:09 pm
12-06-2025 | 06:09 pm
The company allotted 10 lakh equity shares at ₹150 each to institutional investors, resulting in a fund infusion of ₹15 Cr. These shares were issued via a private placement, bringing the promoter holding down by 2%. This capital raise strengthens the balance sheet and supports upcoming expansion plans, making it a positive for growth-focused investors. No employee or promoter shares were part of this issue.
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