L&T Finance Holdings has allotted 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 crore on a private placement basis to identified investors (base issue size: Rs. 75 crore with option to retain over subscription upto Rs. 120 crore aggregating to a maximum of Rs. 195 crore as per the Information Memorandum dated 14 May 2019).
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