L&T Finance Limited has completed the allotment of non-convertible debentures (NCDs) worth ₹200 crore through a private placement. The company issued 200 subordinated, unsecured, rated, listed, and redeemable debentures, each with a face value of ₹1 crore, to identified investors on August 13, 2026.

The issuance forms part of a larger base issue size of ₹200 crore, which included an option to retain oversubscription of up to 180 additional debentures (green shoe option) valued at ₹180 crore, potentially aggregating to ₹380 crore. However, only the base amount of ₹200 crore was allotted in this tranche. The proceeds are designated for inclusion as Tier II Capital.

Terms of Issue

The NCDs carry a fixed coupon rate of 8.20% per annum. Interest payments are scheduled annually, with the first coupon payable on July 1, 2027. The principal amount is due for redemption on July 1, 2036.

The debentures are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) under the New Debt Market of the National Stock Exchange of India Limited. They were issued in dematerialised form for cash.

Default Provisions

In the event of a default in payment of the coupon rate and/or principal redemption on due dates, L&T Finance will be liable to pay additional interest at 2% per annum over the coupon rate for the defaulting period. The NCDs will be redeemed at a redemption price of ₹1 crore per debenture on the date of maturity.

The allotment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI master circular dated January 30, 2026, and the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

L&T Finance L&T Finance has scheduled an institutional investor and analyst meet for August 17, 2026. The event is set to take place in Mumbai at the Motilal Oswal Conference, where management will engage with analysts through group and one-on-one sessions. This interaction provides stakeholders with a direct channel to discuss the non-banking financial company’s operational performance and strategic outlook.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the National Stock Exchange of India Limited and BSE Limited of the schedule on August 11, 2026. Apurva Rathod, Company Secretary and Compliance Officer, signed the communication, confirming the details for regulatory record.

Meeting Details

The engagement is structured as an in-person meeting, allowing for direct dialogue between investors and the company’s leadership team. The schedule is subject to change due to exigencies on the part of either the investors or the company.

Information Disclosure Protocol

L&T Finance emphasized that no unpublished price-sensitive information (UPSI) will be shared during the meetings. The presentations delivered during the session will align strictly with those already available on the company’s website and the stock exchange portals. This ensures equal access to information for all shareholders and maintains compliance with market fairness regulations.

What This Means for Investors

Analyst meets serve as critical touchpoints for financial institutions to refine their valuation models and assess management confidence. For L&T Finance, this scheduled engagement allows analysts to probe into specific aspects of its loan book quality, asset-liability management, and growth initiatives without the pressure of a public earnings call. The restriction on UPSI ensures that any material developments remain within the formal disclosure framework, preventing selective information leakage while still facilitating detailed technical discussions.