L&T Finance Board Approves Up To ₹6,012 Crore Non-Convertible Preference Share Issuance

L&T Finance's board of directors has approved the issuance of non-convertible preference shares valued at up to ₹6,012 crore. This significant capital raising initiative demonstrates the company's strategic approach to strengthening its financial position through preference share instruments. The board approval marks an important corporate development for the financial services company.