L&T Finance Ltd.

L&T Infrastructure Finance Company, a wholly-owned subsidiary of L&T Finance Holdings, is reportedly planning to raise Rs 300 crore through debentures.  The company intends to issue secured, redeemable, non-convertible debentures of the face value of Rs 25 lakh each, amounting to Rs 300 crore with an option to retain over-subscription of Rs 100 crore. The proposed instrument will be issued on a private placement basis.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.