Larsen & Toubro issues INR 500 crore in debentures
Larsen & Toubro (BSE:LT) announced the issuance of non-convertible debentures (NCDs) aggregating to INR 500 crore. The securities, allotted today, are listed, rated, and unsecured with a coupon rate of 6.35%. Each debenture has a face value of INR 1 lakh. The NCDs are linked to sustainability targets under the framework for Environment, Social, and Governance. Maturity for the securities is set for June 19, 2028, with interest to be paid annually. The company plans to list the debentures on the National Stock Exchange of India Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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