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| 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 Timetable
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | |
| Issue Opening Date | Feb 1, 2021 |
| Issue Closing Date | Feb 15, 2021 |
| Allotment Date | Feb 23, 2021 |
| Shares Credit Date | Feb 24, 2021 |
| Listing Date | Feb 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.
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