L&T Finance raises Rs 200 crore through NCDs

L&T Finance has raised Rs 200 crore through the allotment of 200 subordinated, unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1,00,00,000 on a private placement basis to the identified investors on August 13, 2026. The NCDs have a tenor of 3653 days and carry a coupon rate of 8.20% per annum. 

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.