L&T Finance Holdings shares volatile after multiple block deals; Bain Capital likely seller
As per reports, Bain Capital was expected to sell a 2.62 per cent stake in L&T Finance Holdings via a block deal at a floor price of Rs 129.72 per share.
Shares of L&T Finance Holdings traded volatile during the early trade on Tuesday, September 12, after multiple block deals of seven crore shares took place. Around 2.8 per cent of the company's equity changed hands in the block deals. As per reports, Bain Capital was expected to sell a 2.62 per cent stake in the company via a block deal at a floor price of Rs 129.72 per share. The deal size was estimated at Rs 850 crore.
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