L&T Finance Limited — QIP/Rights/Pref., 15-07-2025: Allotment of Securities
15-07-2025 | 04:59 pm
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.
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