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| Exchange Received Time 03/06/2019 11:57:35 Exchange Disseminated Time 03/06/2019 11:57:40 Time Taken 00:00:05 | With reference to our earlier letter dated May 29, 2019 with respect to the above, we wish to inform you that the meeting of the Committee of Directors of L&T Finance Holdings Limited has approved today i.e. June 03, 2019, allotment of 63,70,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ('CRPS') of face value of Rs. 100 each at par aggregating to a nominal amount of Rs. 63,70,00,000 on a private placement basis to identified investors (base issue size: Rs. 25,00,00,000 with option to retain over subscription upto Rs. 75,00,00,000 aggregating to a maximum of Rs. 100,00,00,000 as per the Information Memorandum dated May 29, 2019).
We request you to take the above on record and the same be treated as compliance under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
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