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| Exchange Received Time 31/01/2018 16:25:59 Exchange Disseminated Time 31/01/2018 16:26:06 Time Taken 00:00:07 | We wish to inform you that, the Board of Directors at its meeting held today, has approved subscription to the equity shares offered by L&T Finance Holdings Limited ('LTFH') on a preferential basis up to an amount not exceeding Rs. 20,000 million, subject to necessary approvals, including the approval of Board of Directors and shareholders of LTFH. The exact amount of the said subscription would depend on the preferential issue that LTFH would be making to the Company.
We request you to take note of the same.
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