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L&T Finance LimitedQIP/Rights/Pref., 13-08-2025: Allotment of Securities

13-08-2025 | 05:14 pm

L&T Finance has successfully allotted 25,000 Senior, Secured, Redeemable Non-Convertible Debentures (NCDs) through a private placement to an identified investor. Each NCD is priced at a face value of Rs. 1 Lakh, raising a total of Rs. 250 Cr for the company. These debentures offer a coupon rate of 7.0826% and are secured by a first charge on L&T Finance's identified fixed deposits and/or standard receivables. This strategic fund infusion enhances the company's long-term financial stability.

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