L&T Finance Debt & Borrowing: ₹500 Cr
L&T Finance has allotted 50,000 secured, non-convertible debentures for Rs 500 Crore. These debentures were issued on a private placement basis.
- Value
- ₹500.0 Cr
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L&T Finance has allotted 50,000 secured, non-convertible debentures for Rs 500 Crore. These debentures were issued on a private placement basis.
L&T Finance Ltd received a Certificate of Registration from the IRDAI to operate as a Corporate Agent (Composite), replacing the previous registration.
L&T Finance allotted 3,06,752 equity shares to employees following the exercise of options under the L&TFL Employee Stock Option Scheme – 2013.
L&T Finance Limited has redeemed Commercial Paper worth ₹1,250 Crore. The payment of maturity proceeds was made on August 28, 2026, for ISIN INE498L14GI8.
CRISIL Ratings Limited has reaffirmed the 'CRISIL AAA' credit rating with a Stable outlook for L&T Finance Limited's various debt instruments.
L&T Finance allotted 23,500 non-convertible debentures (NCDs) on a private placement basis, raising an aggregate nominal value of ₹235 Crore. These instruments are senior and secured.
L&T Finance Limited has allotted 200 subordinated, unsecured, non-convertible debentures on a private placement basis. The issuance raised Rs. 200 Crore to be included as Tier II capital.