L&T Finance has announced a schedule of investor meetings scheduled for June 2026, comprising a site visit in Bengaluru and a financial conference in Mumbai. The company stated that no unpublished price sensitive information would be shared during these interactions, with presentations remaining consistent with those available on its website and stock exchanges.

Schedule of Meetings

The meetings, communicated to the National Stock Exchange of India Limited and BSE Limited, are aimed at institutional investors and analysts. The schedule is subject to change based on exigencies faced by the investors or the company.

Disclosure and Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. L&T Finance clarified that the content shared during the meets would not involve any material information not already in the public domain.

L&T Finance allotted 1,50,000 senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) aggregating Rs 1,500 crore on June 15, 2026. The issuance was conducted on a private placement basis to an identified investor. The debentures carry a coupon rate of 8.12% per annum and have a tenor of 1,110 days, maturing on June 29, 2029.

The NCDs have a face value of Rs 1,00,000 each. The instrument is secured by an exclusive and first ranking charge by way of hypothecation over identified fixed deposits of the issuer and identified standard receivables. The security covers the principal amount and coupon outstanding equivalent to 1 time of the principal amount.

The coupon payments are scheduled annually, with the first payment due on July 10, 2026. Subsequent payments are due on June 29 each year until maturity. The debentures will be redeemed at par, amounting to Rs 1,00,000 per NCD, on the maturity date.

In the event of a default in payment of the coupon rate or principal redemption, the company will pay additional interest at 2% per annum over the coupon rate for the defaulting period. 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.

Key Details of the Allotment

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE498L01015/a00565e16d01471c.pdf