BSECompany Update22h ago · 13 Aug 2026, 03:15 pm
Please find attached the intimation in respect of Allotment of NCD.
L&T Finance Ltd · 533519
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L&T Finance Ltd has allotted 200 subordinated, unsecured, rated, listed, redeemable, non-convertible debentures of face value Rs. 1,00,00,000 each on a private placement basis for an aggregate nominal value of Rs. 200,00,00,000.
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Full Announcement
L&T Finance Ltd - 533519 - Announcement under Regulation 30 (LODR)-Issue of Securities
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August 13, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Corporate Relations Department,
Plot No. C/1, G Block, 1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East), P. J. Towers, Dalal Street,
Mumbai - 400 051. Mumbai - 400 001.
Symbol: LTF Security Code No.: 533519
Kind Attn: Head – Listing Department / Dept of Corporate Communications
Sub: Allotment of Non-Convertible Debentures on private placement basis
Dear Sir / Madam,
Pursuant to Regulation 30 and other applicable provisions of Securities and Exchange Board of India
(“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”), read with SEBI master circular dated January 30, 2026, SEBI (Issue and Listing of Non-
Convertible Securities) Regulations, 2021, the General Information Document dated March 13, 2026 and
Key Information Document dated August 10, 2026, we wish to inform that the Company has allotted 200
(Two Hundred) subordinated, unsecured, rated, listed, redeemable, non-convertible debentures of the
face value of Rs. 1,00,00,000 (Rupees One Crores only) on a private placement basis, in dematerialised
form for cash for an aggregate nominal value of Rs. 200,00,00,000 (Rupees Two Hundred Crores Only),
to the identified investors on August 13, 2026.
The required details in relation to the issue are annexed below.
We request you to take the aforesaid on records.
Thanking you,
Yours faithfully,
For L&T Finance Limited
Apurva Rathod
Company Secretary and Compliance Officer
Encl: as above
Annexure
Particulars Terms of Debentures
Issuer L&T Finance Limited
Instrument/Type of subordinated, unsecured, rated, listed, redeemable, non-convertible
securities issued debentures (“NCDs”) or (“Debentures”)
Type of Issuance Private placement
Total number of 200 (Two Hundred) subordinated, unsecured, rated, listed, redeemable, non-
securities offered convertible debentures of a face value of Rs. 1,00,00,000 (Indian Rupees
One Crore only) each having a base issue size of Rs. 200,00,00,000 (Indian
Rupees Two Hundred Crores Only) with an option to retain oversubscription
upto 180 (One Hundred Eighty) subordinated, unsecured, rated, listed,
redeemable, non-convertible debentures of a face value of Rs. 1,00,00,000
(Indian Rupees One Crore only) each having a green shoe option of upto Rs.
180,00,00,000 (Indian Rupees One Hundred Eighty Crores Only) collectively
aggregating upto Rs. 380,00,00,000 (Indian Rupees Three Hundred and
Eighty Crores Only), as Subordinated Debt for inclusion as Tier II Capital
Allotment 200 (Two Hundred) subordinated, unsecured, rated, listed, redeemable, non-
convertible debentures of a face value of Rs. 1,00,00,000 (Indian Rupees
One Crore only) are issued on a private placement basis, in dematerialised
form for cash for an aggregate nominal value of Rs. 200,00,00,000 (Rupees
Two Hundred Crores Only)
Listing The Debentures are proposed to be listed on the Negotiated Trade Reporting
Platform (“NTRP”) under New Debt Market of the National Stock Exchange
of India Limited
Original Tenor 3653 days
Residual Tenor 3610 days
Date of Allotment August 13, 2026
Date of Maturity/ July 01, 2036
Redemption
Coupon Rate 8.20% p.a.; First Coupon payable on July 01, 2027 and annually thereafter
Schedule of payment No. of
of coupon Cash Coupon Days in Coupon Payout Amount (in
Flows Payment Date* Coupon Date* Rupees)
Period
Thursday, July 01, Thursday, July
Coupon 365 8,20,000.0000
2027 01, 2027
Saturday, July 01, Saturday, July 01,
Coupon 366 8,20,000.0000
2028 2028
Sunday, July 01, Monday, July 02,
Coupon 365 8,20,000.0000
2029 2029
Monday, July 01, Monday, July 01,
Coupon 365 8,20,000.0000
2030 2030
Tuesday, July 01, Tuesday, July 01,
Coupon 365 8,20,000.0000
2031 2031
Thursday, July Thursday, July
Coupon 366 8,20,000.0000
01, 2032 01, 2032
Friday, July 01, Friday, July 01,
Coupon 365 8,20,000.0000
2033 2033
Saturday, July 01, Saturday, July 01,
Coupon 365 8,20,000.0000
2034 2034
Particulars Terms of Debentures
Sunday, July 01, Monday, July 02,
Coupon 365 8,20,000.0000
2035 2035
Tuesday, July 01, Tuesday, July 01,
Coupon 366 8,20,000.0000
2036 2036
*The above table is in accordance with the SEBI Master Circular and as amended from time to time.
Note: Interest payments would be rounded off to the nearest rupee.
(In the event any due date is a holiday, payments will be made in accordance with the Business Day
Convention as set under Section 3 of the Key Information Document)
Schedule of payment
No. of
of principal Days from
Cash Principal due for Principal Payout Amount (in
Original
Flows Payment Date* Rupees)
Issue
Principal Tuesday, July 01, 3,653 Tuesday, July 01, 1,00,00,000.0000
2036 2036
*The above table is in accordance with the SEBI Master Circular and as amended from time to time.
^ “Original Issue Date” means Deemed Date of Allotment for the first issue under this ISIN, i.e.July 01,
2026
(In the event any due date is a holiday, payments will be made in accordance with the Business Day
Convention as set under Section 3 of the Key Information Document)
Charge / Security, if Not Applicable
any created over the
assets
Special right / interest / Nil
privileges attached to
the instrument and
changes thereof
Delay in payment of In case of default in payment of coupon rate and/ or principal redemption on
interest / principal the due dates, additional interest of @ 2% p.a. over the coupon rate shall be
amount for a period of payable by the Company for the defaulting period.
more than three
months from the due
date or default in
payment of interest/
principal
Details of any letter or Not Applicable
comments regarding
payment/non-
payment of interest,
principal on due dates,
or any other matter
concerning the
security and /or the
assets along with its
comments thereon, if
Details of redemption NCDs will be redeemed at redemption price of Rs. 1,00,00,000 (Rupees One
of debentures Crore Only) per NCD on the Date of Maturity.