L&T Finance Holdings is planning to raise funds through proposed Issue of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares on a private placement basis aggregating up to Rs 60 crore and determine the issue price for the proposed Issue. The meeting of Committee of Directors of the company is scheduled to be held on November 27, 2019, to approve the same.
L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.