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L&T Finance Rights Issue Detail
Issue Open Feb 1, 2021
Issue Close Feb 15, 2021
Issue Size (Shares) 46.13 Crores
Issue Size (Amount) ₹2,998.61 Crores
Issue Price ₹65 per Share
Listing At BSE, NSE

L&T Finance Rights Issue Date & Price FAQs

L&T Finance Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateFeb 1, 2021
Issue Closing DateFeb 15, 2021
Allotment DateFeb 23, 2021
Shares Credit DateFeb 24, 2021
Listing DateFeb 26, 2021

L&T Finance Rights Issue price is set at ₹65 per Share. The L&T Finance Rights Issue opens on Feb 1, 2021, and closes on Feb 15, 2021, for the subscription.

The allotment of L&T Finance Rights Issue is expected to happen on or about Feb 23, 2021 as per the issue schedule.

L&T Finance Rights Issue expected to list on or around Feb 26, 2021.

The credit of L&T Finance Rights Issue in Demat account is expected on or about Feb 24, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized: 1. To repay partial commercial papers issued by the Company and its Subsidiaries. 2. To redeem preference shares issued by the Company; and 3. For general corporate purposes.

It is difficult to say at what price L&T Finance Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about L&T Finance Rights Issue which could help you with questions like L&T Finance Rights Issue buy or not? Consider reading L&T Finance Rights Issue reviews and analysis from experts posted on rights issue detail page.