Date:08/11/2007 URL: http://www.thehindu.com/2007/11/08/stories/2007110856441700.htm

Business - Briefly

L&T GDR issue price at $100

MUMBAI: Larsen & Toubro has priced its $400 million Global Depositary Shares (GDS) offering at $100 per share. Each GDS represents one equity share of the company of nominal value of Rs. 2 each. The GDS are proposed to be listed on the Luxembourg Stock Exchange.