Announced Tue, 7 Jul · 19:00 IST
L&T Finance allots 1000 crore rupees NCDs via private placement
Fund Raising View source PDF
LTF · price
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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹334.10
prior close
₹330.20
base price
After-mkt
timing
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-1.4-1.6-1.9-1.8-4.0-3.7-3.0-5.5-6.6-7.3————
Up moveDown movePending
AI summary
L&T Finance has allotted 1,00,000 senior secured NCDs worth 1000 crore rupees via private placement to identified investors on July 7, 2026. The issue is split into two equal tranches of 500 crore rupees each. Option I carries 7.7942 percent coupon maturing June 2031, Option II carries 7.8384 percent coupon maturing September 2029. NCDs are secured by exclusive first ranking charge on fixed deposits and standard receivables of the issuer.
Likely market impact
Raises 1000 crore rupees through private NCD placement at around 7.8 percent cost, strengthening funds available for lending operations.