-30.90 (-0.80%) Larsen & Toubro (L&T) has raised Rs 1,500 crore through the allotment of 1,50,000 7.19% Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 1 lakh each. The said NCDs would mature on December 5, 2034 and the interest would be paid on an annual basis. The said Debentures are proposed to be listed on the National Stock Exchange of India.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.