L&T Finance Holdings’ arm to raise Rs 75 crore

L&T Finance Holdings’ wholly owned subsidiary -- L&T Infrastructure Finance is planning to issue Secured, Redeemable, Non-Convertible Debentures of the face value of Rs 25,00,000 each, amounting to Rs 75 crore with an option to retain over subscription of Rs 75 crore (Series “B” FY 2016-17), on 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.