{"id":368749,"date":"2020-08-20T09:06:19","date_gmt":"2020-08-20T03:36:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368749"},"modified":"2020-08-20T09:47:14","modified_gmt":"2020-08-20T04:17:14","slug":"lt-finance-divests-stake-in-cg-power-and-industrial-solutions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-finance-divests-stake-in-cg-power-and-industrial-solutions\/","title":{"rendered":"L&amp;T Finance divests stake in CG Power and Industrial Solutions"},"content":{"rendered":"<p>L&amp;T Finance Ltd has divested its entire equity stake of 9.99 percent in CG Power and Industrial Solutions through open market transactions. <\/p>\n<p>L&amp;T Finance has &#8220;sold (in open market) 6.26 crore shares of CG Power and Industrial Solutions Ltd, constituting 9.99 percent of the paid-up share capital of CG Power and Industrial Solutions Ltd,&#8221; a regulatory filing said.<\/p>\n<p>The said 6.26 crore equity shares have been sold in various tranches last being on August 17, the filing added.<\/p>\n<p>Following the said transaction, L&amp;T Finance does not hold any equity in the CG Power and Industrial Solutions. <\/p>\n<p>The value of the stake sale was not disclosed.<\/p>\n<p>Shares of CG Power were trading 4.98 percent higher at Rs 15.39 per share on BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>L&amp;T Finance Ltd has divested its entire equity stake of 9.99 percent in CG Power and Industrial Solutions through open market transactions. L&amp;T Finance has &#8220;sold (in open market) 6.26 crore shares of CG Power and Industrial Solutions Ltd, constituting 9.99 percent of the paid-up share capital of CG Power and Industrial Solutions Ltd,&#8221; a regulatory filing said. The said 6.26 crore equity shares have been sold in various tranches last being on August 17, the filing added. Following the said transaction, L&amp;T Finance does not hold any equity in the CG Power and Industrial Solutions. The value of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-368749","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=368749"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368749\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}