L&T Finance has raised Rs 800 crore through the allotment of 80,000 subordinated, unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1,00,000 on a private placement basis, in dematerialised form for cash, to the identified investors on October 12, 2026.
The NCDs carry a coupon rate of 8.57% per annum and will mature on October 10, 2036. 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.
