Please find enclosed intimation for amendment to MOA of the Company.
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Members of L&T Finance approved changes to the authorised preference share capital structure at the 18th AGM on May 29, 2026. The amendment restructures authorised preference shares from 50.12 crore shares of Rs. 100 each plus 10,000 shares of Rs. 10 lakh each to 5.01 lakh shares of Rs. 1 lakh each plus 10 lakh shares of Rs. 10,000 each. The total capital value remains unchanged. The change aligns the company's MoA with SEBI's Master Circular dated October 15, 2025, which mandates minimum face values of Rs. 1,00,000 or Rs. 10,000 for preference shares issued via private placement. This enables the company to issue preference shares through both public issue and private placement routes.
The amendment provides L&T Finance with regulatory-compliant flexibility to raise capital via preference share issuances in future. This is a routine compliance update with no immediate shareholder impact but broadens the company's capital-raising options.