Breaking News

You are here » Indian-Commodity  :  Top News  :  Citigroup Global sells 3.5 crore shares of L&T Finance Holdings

22-Nov2017

Citigroup Global sells 3.5 crore shares of L&T Finance Holdings

Citigroup Global Markets Mauritius has sold 3,51,03,103 shares, amounting to 1.92% stake of L&T Finance Holdings, financial services arm of the engineering major L&T, for a little over Rs 637 crore through an open market transaction. The scrips were offloaded on an average price of Rs 181.51 per share.

As of September quarter, Citigroup held over 10.04 crore shares or 5.51% stake in the company.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.




Related News

View all news

Gold futures end higher on Tuesday

Gold futures ended higher on Tuesday, rising to a one-week high, as the US dollar depreciated against other currencies after U.S President Donald Trump criticized the Federal Reserve for raising interest......

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday as the dollar retreated from recent highs and the market waited for talks on the US-Chinese trade dispute. A lower US currency makes dollar-denominated commodities......

Physical rubber prices ruled steady on Tuesday

Physical Rubber prices ruled steady on Tuesday. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 133.50/ kg and Rs 131.50/ kg respectively.In the futures market, September delivery rose to......

Top News

View all news

Uday Jewellery commences manufacturing activities at Hyderabad unit

Uday Jewellery Industries has commenced the manufacturing activities in premises situated at Hyderabad taken on lease for enhancement of its manufacturing capabilities for manufacture of specialty jewellery......

Strides Shasun's arm receives acceptance from USFDA for two key ANDAs

Strides Shasun's step-down wholly owned subsidiary, Strides Pharma Global, Singapore has received Abbreviated New Drug Application (ANDA) “acceptable for filing” correspondence from the United States Food......

IDBI Bank sells 3.90% stake in NSDL

IDBI Bank has sold 15,60,000 equity shares constituting 3.90% of the paid up capital of National Securities Depository (NSDL) on August 21, 2018.IDBI Bank is the youngest, new generation public sector......