Shares of Larsen & Toubro added more than 2 percent intraday on October after company is going to increase its stake in the subsidiary.
The company has agreed to purchase the entire stake held by Old Lane Mauritius III Ltd in L&T Infrastructure Development Projects, a subsidiary company, on October 17, 2019, as per company release on BSE.
The company is going to acquire 81,90,000 shares aggregating to 2.551 percent of the shareholding from Old Lane Mauritius III Ltd at total cost of Rs 47.997 crore.
The acquisition is not a related party transaction and is done on an arm’s length basis, company said.
The company has agreed to purchase the entire stake held by Old Lane Mauritius III Ltd in L&T Infrastructure Development Projects, a subsidiary company, on October 17, 2019, as per company release on BSE.
The company is going to acquire 81,90,000 shares aggregating to 2.551 percent of the shareholding from Old Lane Mauritius III Ltd at total cost of Rs 47.997 crore.
The acquisition is not a related party transaction and is done on an arm’s length basis, company said.
Sebagian besar saham diperdagangkan di bursa seperti New York Stock Exchange (NYSE) atau NASDAQ. Bursa saham pada dasarnya menyediakan pasar untuk memfasilitasi pembelian dan penjualan saham di kalangan investor. Bursa saham diatur oleh lembaga pemerintah, seperti Securities and Exchange Commission (SEC) di Amerika Serikat, yang mengawasi pasar untuk melindungi investor dari penipuan keuangan dan untuk menjaga agar pasar bursa berfungsi dengan lancar. markets.co.id and Cara Mendapatkan Keuntungan Dari Investasi Saham Syariah
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