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| Exchange Received Time 17/05/2019 13:16:24 Exchange Disseminated Time 17/05/2019 13:16:31 Time Taken 00:00:07 | With reference to our earlier letter dated May 14, 2019 with respect to the above, we wish to inform you that the Committee of Directors of L&T Finance Holdings Limited has approved today i.e. May 17, 2019, allotment of 145,40,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ('CRPS') of face value of Rs. 100 each at par aggregating to a nominal amount of Rs. 145,40,00,000 on a private placement basis to identified investors (base issue size: Rs. 75,00,00,000 with option to retain over subscription upto Rs. 120,00,00,000 aggregating to a maximum of Rs. 195,00,00,000 as per the Information Memorandum dated May 14, 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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