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L&T Finance informs about private placement of NCD

27 Apr 2021 Evaluate

Pursuant to Regulation 50(2) of Chapter V of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, L&T Finance has confirmed that the Company intends to issue Secured, Redeemable, Non-Convertible Debentures (NCD) of the face value of Rs 10,00,000 each, amounting to Rs 150 Crores with an option to retain oversubscription up to Rs 150 Crores, for an overall amount of up to Rs 300 Crores, on a private placement basis.

The above information is a part of company’s filings submitted to BSE.

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