L&T Finance slumps on share-sale price discount
Mar 14 2014 , Mumbai
Larsen & Toubro Ltd, the promoter of L&T Finance, had earlier said it would sell up to a 3.23 percent of its stake, or 55 million shares on Friday. The company has an option to sell an additional 27 million shares, it said in an exchange filing.
L&T Finance shares were down 4.7 percent at 10:25 a.m.