Larsen & Toubro (L&T) has issued and allotted 25,000 7.70% Rated Listed Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each aggregating to Rs 2500 crore, on April 28, 2020, which will mature on April 28, 2025. The said Debentures are proposed to be listed on the National Stock Exchange of India. The interest on the said Debentures will be paid on an Annual Basis.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
