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L&T Finance Holdings’ arm to raise Rs 170 crore through NCDs

09 May 2015 Evaluate

L&T Finance Holdings’ arm - L&T Finance plans to raise about Rs 170 crore by way of issuing Non-Convertible Debentures (NCDs) on private placement basis. The company intends to issue secured, redeemable, NCDs of Rs 70 crore with an option to retain over-subscription up to Rs 100 crore, an overall amount aggregating to Rs 170 crore on private placement basis.

L&T Finance is a non-banking financial company (NBFC), which is a wholly owned subsidiary of L&T Finance Holdings.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.


L&T Finance Share Price

287.35 7.05 (2.52%)
17-Apr-2026 16:59 View Price Chart
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