<p>L&T Finance Ltd has divested its entire equity stake of 9.99 percent in CG Power and Industrial Solutions through open market transactions.</p>.<p>L&T Finance has "sold (in open market) 6.26 crore shares of CG Power and Industrial Solutions Ltd, constituting 9.99 percent of the paid-up share capital of CG Power and Industrial Solutions Ltd," a regulatory filing said.</p>.<p>The said 6.26 crore equity shares have been sold in various tranches last being on August 17, the filing added.</p>.<p>Following the said transaction, L&T Finance does not hold any equity in the CG Power and Industrial Solutions.</p>.<p>The value of the stake sale was not disclosed.</p>.<p>Shares of CG Power were trading 4.98 percent higher at Rs 15.39 per share on BSE.</p>.<p>There is no change in the equity share capital of the CG Power and Industrial Solutions after this stake sale by L&T Finance. CG Power and Industrial Solutions equity share capital stands at 62,67,46,142 shares with face value of Rs two each, as per the filing.</p>
<p>L&T Finance Ltd has divested its entire equity stake of 9.99 percent in CG Power and Industrial Solutions through open market transactions.</p>.<p>L&T Finance has "sold (in open market) 6.26 crore shares of CG Power and Industrial Solutions Ltd, constituting 9.99 percent of the paid-up share capital of CG Power and Industrial Solutions Ltd," a regulatory filing said.</p>.<p>The said 6.26 crore equity shares have been sold in various tranches last being on August 17, the filing added.</p>.<p>Following the said transaction, L&T Finance does not hold any equity in the CG Power and Industrial Solutions.</p>.<p>The value of the stake sale was not disclosed.</p>.<p>Shares of CG Power were trading 4.98 percent higher at Rs 15.39 per share on BSE.</p>.<p>There is no change in the equity share capital of the CG Power and Industrial Solutions after this stake sale by L&T Finance. CG Power and Industrial Solutions equity share capital stands at 62,67,46,142 shares with face value of Rs two each, as per the filing.</p>