L&T Finance Limited has successfully allotted 1,00,000 senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis. The total nominal value of these debentures amounts to ₹1,000 crore (Rupees One Thousand Crores Only). These NCDs were allotted on July 07, 2026, to identified investors. The issuance is divided into two options: Option I and Option II Debentures, each with a base issue size of ₹500 crore. The debentures have original tenors of 1893 days for Option I and 1179 days for Option II. Option I debentures mature on June 27, 2031, with a coupon rate of 7.7942% per annum, payable annually. Option II debentures mature on September 28, 2029, with a coupon rate of 7.8384% per annum, also payable annually. The debentures are secured by a first-ranking charge on identified fixed deposits and/or standard receivables of the issuer.
