L&T Finance Approves Support for Nabha Power Limited Re-classification Request
L&T Finance Ltd has affirmed its support for Nabha Power Limited (NPL) regarding NPL’s application for re-classification in the stock market. The company's Board of Directors granted approval concerning the request submitted by Nabha Power Limited.The requested change pertains to NPL’s corporate structure and listing status, seeking re-classification from the 'Promoter Group' category to 'Public' category. This move relates directly to the regulatory framework governing public companies and listing obligations.
LTF Stock Price Movement
L&T Finance Limited shares slipped by 2.99% to close on Tuesday at ₹315.30, shedding nearly ₹10 amid selling pressure. The stock traded within a wide range, recording a daily low of ₹309.40 after opening at ₹322.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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