-9.60 (-0.25%) Larsen & Toubro (L&T) has raised Rs 4000 crore through allotment of 4,00,000, 7.20% Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 1 lakh each. The said Non-Convertible Debentures would mature on January 22, 2035 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.