L&T Finance Rights Issue FAQ's

₹2,998.61 Crores | Listing at BSE, NSE | Mon, Feb 1, 2021 - Mon, Feb 15, 2021

L&T Finance Holdings Limited Rights Issue Date 2026 & Price FAQs

The timetable for L&T Finance Holdings Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateMon, Feb 1, 2021
Issue Closing DateMon, Feb 15, 2021
Date of Allotment (on or about)Tue, Feb 23, 2021
Date of Credit (on or about)Wed, Feb 24, 2021
Date of Listing (on or about)Fri, Feb 26, 2021

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

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

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

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

Objects of the Issue:

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 predict the exact listing price of L&T Finance Holdings Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about L&T Finance Holdings Limited which could help you with questions like whether to subscribe or not. Consider reading L&T Finance Holdings Limited reviews and analysis from experts posted on the Rights Issue detail page.