Search results

  1. S

    What's with L&T Finance? L&T Finance Holdings Limited: Rights Issue

    @mapes21 These right entitlements are credited to your demat account and you can sell them like regular shares through your trading account. As a shareholder you have the 'Right' to subscribe for additional shares at a price which is lower than what it would have been offered to general public...
  2. S

    What's with L&T Finance? L&T Finance Holdings Limited: Rights Issue

    @mapes21 If you don't have any plans for subscribing for these additional shares then you can just sell the Right Entitlements (not your actual holding) at market price. They are currently trading at around Rs. 20, I guess.
  3. S

    What's with L&T Finance? L&T Finance Holdings Limited: Rights Issue

    @mapes21 There won't be any change in original holding. It's just that the company is raising additional capital.
  4. S

    What's with L&T Finance? L&T Finance Holdings Limited: Rights Issue

    @mapes21 L&T Finance shareholders are entitled for subscribing for additional shares in the ratio of 17 shares for every 74 shares held at Rs. 65 per share. These Right Shares are offered at a discount to the existing shareholders. You can either subscribe for the shares or sell the entitlement...
Back
Top