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L&T Finance LimitedQIP/Rights/Pref., 28-10-2024: Allotment of Securities

28-10-2024 · 06:27 pm

L&T Finance Limited has allotted 30,000 listed, secured, rated, redeemable non-convertible debentures (NCDs) with a face value of Rs. 1,00,000 each, totaling Rs. 3,00,00,00,000 through private placement. The NCDs will be listed on the National Stock Exchange and have a tenure of 1887 days, maturing on December 28, 2029. A coupon rate of 7.798% p.a. will be payable annually and at maturity.

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