Please find enclosed the amendments to the Articles of Association of the Company
Awaiting price reaction for this filing.
L&T Finance Limited (formerly L&T Finance Holdings Limited) informed the stock exchanges that shareholders at the AGM held on June 3, 2025 approved changes to the company's Articles of Association (AoA). The changes relate to deleting provisions that were originally inserted in 2015 to reflect the terms of an Investment Agreement with Bain Capital (BC Asia Growth Investments and BC Investments VI Limited). The Investment Agreement was terminated effective June 13, 2024, after Bain Capital sold its entire shareholding in the company. Since the agreement no longer exists, the corresponding provisions in the AoA are no longer relevant and have been removed. The amended AoA has been uploaded to the company's website for shareholder reference.
This is a corporate housekeeping update with no direct financial impact on shareholders. It cleans up outdated governance provisions linked to a private equity investor that has already exited the company, simplifying the company's constitutional documents going forward.