L&T Finance Limited (LTF) — Board Meeting | 27 June 2026

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📢 Key Event
Nabha Power seeks reclassification from promoter to public shareholder category

💡 Investor Takeaway
The change removes a major promoter holding, potentially increasing public float and reducing control concerns.

L&T Finance Limited disclosed that Nabha Power Limited requested reclassification from promoter to public shareholder category following its exit from L&T Power Development after a 100% stake sale to Torrent Power, with the board to consider the matter at its next meeting.

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About L&T Finance Limited (LTF)

Financial Services · Finance · Listed on NSE

Market Cap: ₹70,340.52 Cr P/E: 27.3

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"How will reclassification affect shareholding percentages and voting power?" "What impact does increased public float have on stock liquidity and valuation?" "Will this change influence future promoter-related governance risks?"

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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