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L&T Finance raises Rs 500 crore through NCDs

03 Sep 2026 Evaluate

L&T Finance has raised Rs 500 crore through allotment of 50,000 senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) of face value of Rs 1 lakh to the identified investors. The NCDs carry a coupon rate of 7.8384% per annum and will mature on September 28, 2029. The debentures are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) under New Debt Market of the National Stock Exchange of India (NSE).

L&T Finance (formerly known as L&T Finance Holdings) is one of the leading Non-Banking Financial Companies in India, with a strong presence across the lending business catering to the diverse financing needs of served and underserved customers.

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