L&T; Finance Holdings Ltd - 533519 - Outcome of Board Meeting
Approval by the Committee of Directors of L&T; Finance Holdings Limited ('Company') for raising funds through offer and issuance of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares on a private placement basis ('Issue') L&T; Finance Holdings Ltd - 533519 - Announcement under Regulation 30 (LODR)-Allotment
With reference to our earlier letter dated September 11, 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. September 16, 2019, allotment of 1,00,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ("CRPS") of face value of Rs. 100 each at par aggregating to a nominal amount of Rs. 1,00,00,00,000 on a private placement basis to identified investor (base issue size: Rs. 25,00,00,000 with option to retain over subscription up to Rs. 75,00,00,000 aggregating to a maximum of Rs. 1,00,00,00,000 in accordance with the Information Memorandum dated September 11, 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. L&T; FINANCE HOLDINGS LTD. - 533519 - Board Meeting Intimation for Offer For Issuance Of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares On A Private Placement Basis By L& T Finance Holdings Limited
L&T; FINANCE HOLDINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2019 ,inter alia, to consider and approve Pursuant to the requirement of provisions of Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Committee of Directors of the Company will approve raising of funds through proposed Issue aggregating up to Rs. 150,00,00,000 and determine the issue price for the proposed Issue on September 17, 2019. We request you to take the aforesaid oh record and the same be treated as compliance under the applicable provisions of the Listing Regulations. L&T; Finance Holdings Ltd - 533519 - Issue Of Up To 100,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares Of Rs 100 Face Value At Par And Aggregating Up To Rs. 100,00,00,000 On A Private Placement Basis - Information Memorandum
Pursuant to the requirements of provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 and further to our letter dated September 11, 2019 sent earlier today, please find enclosed the information memorandum dated September 11, 2019, in connection with the Issue. L&T; FINANCE HOLDINGS LTD. - 533519 - Outcome of Board Meeting
Pursuant to the requirements of provisions of Regulation 30, and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), we wish to inform you that the meeting of the Committee of Directors of the Company was held today i.e. Wednesday, September 11, 2019 to approve the offer and issuance of up to 100,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ("CRPS") of face value of Rs. 100 at par aggregating to a nominal amount of up to Rs. 100,00,00,000 on a private placement basis at the dividend rate of 7.95% p.a. payable annually. We will also submit the information memorandum for upload on your website, by way of a separate letter, and will also be uploading the information memorandum, on the Company's website i.e. www.ltfs.com. The meeting of the Committee of Directors commenced at 1.30 pm and concluded at 2.00 pm. L&T; Finance Holdings Ltd - 533519 - Board Meeting Intimation for Offer For Issuance Of Cumulative Compulsorily Redeemable Non-Convertible Preference Shares On A Private Placement Basis By L&T; Finance Holdings Limited
L&T; FINANCE HOLDINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/09/2019 ,inter alia, to consider and approve Pursuant to the requirement of provisions of Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the meeting of Committee of Directors of the Company is scheduled to be held on Wednesday, September 11, 2019 to approve raising of funds through proposed Issue aggregating up to Rs. 1,00,00,00,000 and determine the issue price for the proposed Issue. We request you to take the aforesaid on record and the same be treated as compliance under the applicable provisions of the Listing Regulations. L&T; FINANCE HOLDINGS LTD. - 533519 - Announcement under Regulation 30 (LODR)-Credit Rating
Please find below the disclosure pursuant to Regulation 30 read with Schedule Ill of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that L&T; Finance Holding Limited''s long-term rating of AAA has been reaffirmed by ICRA Limited. We request you to take the aforesaid on records. L&T; Finance Holdings Ltd - 533519 - Closure of Trading Window
Dear Sir/Madam, As per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Securities Dealing Code of the Company, the trading window for dealing in the securities of the Company is closed for the Connected Persons/Designated Persons of the Company from August 28, 2019 till August 30,2019 L&T; Finance Holdings Ltd - 533519 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed a press release in relation to an agreement executed by the Company to sell its investment in L&T; Capital Markets Limited, its wholly owned subsidiary (carrying on the Indian wealth management business) to IIFL Wealth Finance Limited. IIFL Wealth Finance Limited may acquire L&T; Capital Markets Limited solely or jointly with a wholly owned subsidiary of IIFL Wealth Management Limited. The said press release will also be available on the website of the Company i.e., www.ltfs.com/investors.html. Further, the details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A. As per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Securities Dealing Code of the Company, the trading window for dealing in the securities of the Company is closed for the Connected Persons/Designated Persons of the Company from August 28, 2019 till August 30,2019. L&T; Finance Holdings Ltd - 533519 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Please find enclosed a press release in relation to an agreement executed by the Company to sell its investment in L&T; Capital Markets Limited, its wholly owned subsidiary (carrying on the Indian wealth management business) to IIFL Wealth Finance Limited. IIFL Wealth Finance Limited may acquire L&T; Capital Markets Limited solely or jointly with a wholly owned subsidiary of IIFL Wealth Management Limited. The said press release will also be available on the website of the Company i.e., www.ltfs.com/investors.html. Further, the details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A. As per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Securities Dealing Code of the Company, the trading window for dealing in the securities of the Company is closed for the Connected Persons/Designated Persons of the Company from August 28, 2019 till August 30,2019.