US-based investment firm Bain Capital, LP and BNP Paribas SA (ENXTPA:BNP) are likely to sell shares worth $180 million (INR 15,000 million) through block deals on 13 June 2024. According to sources, these firms will sell their entire remaining stake of 88.2 million shares at INR 169.17 apiece ? a 0.85% discount to 13 June 2024 closing price.

Shares of L&T Finance Limited (NSEI:LTF) gained 3.5% on 13 June 2024 to close at INR 170.60. The stock has rallied 10% in the last three months compared to a 4% gain in the Sensex index. Two entities of Bain Capital ?

BC Asia Growth Investments and BC Investments VI ? along with BNP Paribas Financial Markets, will together sell a 3.54% stake on 13 June 2024.