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L&T Finance LimitedOthers, 26-02-2025: Statement of value for Debt Service Reserve Account or any other form of security offered

26-02-2025 | 12:29 pm

B. K. Kothari & Associates LLP has provided a due diligence report concerning L&T Finance Limited's financial results for the quarter ended December 31, 2024. The report confirms that the company has adhered to the necessary procedures for issuing and redeeming non-convertible debentures. Furthermore, it states that the company maintains a 100% security cover against outstanding listed debt securities, with a coverage ratio of 1.00 times for both principal and interest. These findings reflect positively on the company's financial stability, potentially strengthening investor confidence amid its recent merger activities.

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