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L&T Finance Limited has confirmed a security cover of 1.09 times for its outstanding non-convertible debentures, indicating adequate asset backing. The security cover certificate, verified by the company’s auditor and the debenture trustee, is based on audited financials and covers assets such as loans, investments, cash, and bank balances. This strong security position supports the company's debt obligations and provides assurance to debenture holders about asset coverage against their investments.