May 31, 2025

gold loan market

Finance

L&T Finance shares in focus as firm raises funds via debentures

Shares of L&T Finance are in news today after the non-banking financial major raised Rs 1,500 crore via the issuance of senior, secured, rated, listed, redeemable NCDs. L&T Finance shares ended 1.20% lower at Rs 172.25 on Tuesday against the previous clsoe of Rs 174.35 on BSE. Market cap of the firm stood at Rs

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Finance

Bain picks up 18% in Manappuram Finance – Industry News

Private equity firm Bain Capital on Thursday said it has entered into definitive agreements to acquire joint control in Manappuram Finance, the country’s second-largest gold loan firm, through an 18% stake for Rs 4,385 crore.   The stake will be acquired via a preferential allotment of equity shares and warrants at Rs 236 per share, implying

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