Announced Wed, 21 Oct, 2026 · 18:48 IST

L&T Finance allots Rs 1,500 crore NCDs at 7.84% coupon

Fund Raising View source PDF Explain this filing

LTF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹245.60

prior close

₹245.40

announcement price

After-mkt

timing

Nifty Midcap 150market-0.8%+0.2% vs market

Investment Company peers, median of 61sector-1.6%+0.9% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.9 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-1.9

15m

-1.4

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.8+0.2-1.6+0.9

Next day

-3.3-2.9-0.4-3.3+0.0

-1.8-1.8-0.0-3.4+1.6

-2.0-0.9-1.0-2.0+0.0

+0.6pendingpending-1.9+2.5

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15d

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UpDownMarket · Nifty Midcap 150Sector · Investment Company peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

L&T Finance allotted 1.5 lakh secured NCDs of Rs 1 lakh face value each, totalling Rs 1,500 crore via private placement. Oversubscription option up to Rs 500 crore (total Rs 2,000 crore). NCDs carry a 7.8384% annual coupon, maturing September 28, 2029. Tenor is 1,179 days. Secured by fixed deposits and receivables; proposed listing on NSE debt market.

Likely market impact

Raises Rs 1,500 crore via debt at 7.84% coupon, boosting funding base. No equity dilution. Likely neutral to mildly positive.