L&T Finance Limited — QIP/Rights/Pref., 13-03-2025: Allotment of Securities

L&T Finance Limited has allotted 16,000 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) with a face value of Rs. 1,00,000 each, totaling Rs. 160 crores, through private placement. The NCDs have a coupon rate of 8.15% per annum, with interest payable annually until maturity on January 4, 2027. These debentures are secured by a first-ranking charge over identified fixed deposits and standard receivables. The funds raised will be used for general corporate purposes and other financial commitments. The listing of these debentures is proposed on the National Stock Exchange.