L&T Finance sells its remaining CG Power stake for ₹73 crore
Mumbai: L&T Finance Ltd on Monday divested its remaining 8.4% stake in CG Power & Industrial Solutions Ltd for ₹73 crore, through open market transactions.
The bulk deal data available with the stock exchanges, L&T Finance Ltd sold 5.26 crore shares, or 8.4% stake. The shares were disposed of at an average price of ₹13.96, valuing the transactions at ₹73.45 crore.
The shares were bought by Blue Diamond Properties Pvt Ltd and Singularity Holdings Ltd, the bulk deal data from the stock exchanges showed.
