Announced Mon, 15 Jun · 19:03 IST
L&T Finance allots Rs 1,500 cr NCDs at 8.12% via private placement
Fund Raising View source PDF
LTF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹292.55
prior close
₹294.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5+0.0+0.2-0.1+0.6-1.9-2.0-1.1-2.2+2.1+7.6+6.0——
Up moveDown movePending
AI summary
L&T Finance allotted 1,50,000 senior, secured, listed, redeemable NCDs of face value Rs 1 lakh each on June 15, 2026 via private placement, aggregating Rs 1,500 crore. Coupon is 8.12% p.a. with 1110-day tenor, maturing June 29, 2029. NCDs are secured by a 1x charge on fixed deposits/standard receivables and will be listed on NSE's NTRP under the New Debt Market.
Likely market impact
Neutral for equity shareholders; no dilution. Adds Rs 1,500 cr to borrowings at 8.12%; routine NBFC debt raise to fund lending.