Invesco Mutual Fund increased its stake in L&T Finance from 1.64% to 1.74%, acquiring 23,62,319 shares. This increased its total holding to 4,35,44,913 shares.
A non-banking financial company providing a comprehensive range of financial products and services to retail and corporate customers across India. L&T Finance offers lending solutions, investment products, and financial advisory services tailored to various customer segments and requirements. The company has applied for registration as a systemically important core investment company, positioning itself as a significant player in India's growing non-banking financial sector.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
