L&T Finance - Secured Redeemable Non-Convertible Debentures (NCDs) has informed that the Company intends to issue Secured, Redeemable, Non-Convertible Debentures of the face value of Rs 25,00,000 each, amounting to Rs 50 Crore with an option to retain over subscription of Rs 50 Crore [Series C of FY 2016-2017], on Private Placement basis.
The above information is a part of company’s filings submitted to BSE.