SUUTI raises US$314m from L&T block

摘要

State-owned Specified Undertaking of Unit Trust of India's first block sale of shares in larsen & toubro managed to cross the finish line, despite a skinny discount and global uncertainty ahead of the US presidential election. SUUTI raised Rs21bn (US$314m) from the sale of 14.8m L&T shares at Rs1,415.66 each.