L&T Finance Limited — QIP/Rights/Pref., 26-06-2025: Allotment of Securities

L&T Finance Limited has allotted 22,500 Senior, Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) at a face value of Rs. 1 lakh each, raising Rs. 225 Cr via private placement. These zero-coupon NCDs will mature in September 2028 and are secured by first-ranking charges on fixed deposits and receivables. Redemption price per NCD is Rs. 1.25 lakh, reflecting an implicit premium of Rs. 25,275 per debenture. This issuance infuses Rs. 225 Cr debt capital without impacting equity ownership.