ALPHA TRIBE

L&T Finance LimitedQIP/Rights/Pref., 15-07-2025: Allotment of Securities

15-07-2025 | 04:59 pm

L&T Finance has successfully raised Rs 1,000 Cr by allotting 100,000 Secured Non-Convertible Debentures (NCDs). Each NCD has a face value of Rs 1 lakh and was issued via private placement to identified investors. This capital infusion significantly strengthens L&T Finance's financial position. The NCDs, which carry a 7.12% annual coupon rate, are set to mature in two years and will be listed on the National Stock Exchange.

No comments yet. Be the first to comment!

All announcements from L&T Finance Limited