
LB Finance buys 65% stake of Multi Finance for Rs. 400 m from Fairway
March 2022
It bought 41.11 million shares or 64.62% stake with 28.78 million shares at Rs. 9.70 each and 12.32 million shares at Rs. 9.80 each. The loss making Multi Finance’s net asset value per share is Rs. 7.12.