L&T Finance Limited has allotted 1.5 lakh senior secured non-convertible debentures (NCDs) on a private placement basis for an aggregate nominal value of ₹1,500 crore. The allotment was completed on October 21, 2026, targeting identified institutional investors.

The debt instruments carry a face value of ₹1 lakh each and offer a fixed annual coupon rate of 7.8384%. The NCDs have an original tenor of 1,179 days from the deemed date of allotment, with a residual tenor of 1,073 days as of the current allotment date. The securities are scheduled to mature and be redeemed at par on September 28, 2029.

Security and Redemption Terms

The issued debentures are senior, secured, rated, and listed instruments. They are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) under the New Debt Market segment of the National Stock Exchange of India Limited.

The security structure involves an exclusive first-ranking charge by way of hypothecation over identified fixed deposits and standard receivables of the issuer. This charge covers assets equivalent to one time the principal amount and outstanding coupons. In the event of default on interest or principal payments exceeding three months, an additional interest of 2% per annum over the coupon rate is payable by the company for the defaulting period.

Coupon Payment Schedule

Interest payments are structured annually. The next coupon payment is due on September 28, 2027, followed by payments in 2028 and 2029. The principal amount will be repaid in full on the maturity date.

• September 28, 2027: Coupon payment of ₹7,838.40 per unit
• September 28, 2028: Coupon payment of ₹7,838.40 per unit
• September 28, 2029: Final coupon payment of ₹7,838.40 per unit plus principal redemption of ₹1,00,000 per unit

The issuance was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

L&T Finance Limited will hold a series of institutional investor meetings in Singapore and Hong Kong from October 26, 2026, to October 30, 2026. The company announced the schedule of these non-deal roadshows (NDR) in a filing to the stock exchanges on October 19, 2026.

The meetings are scheduled as group or one-on-one sessions and will be conducted in person. This initiative aims to engage with key institutional stakeholders and analysts in major financial hubs.

Meeting Schedule Details

The following table outlines the specific dates, locations, and mode of attendance for the upcoming investor engagements:

Disclosure Compliance

L&T Finance stated that no unpublished price sensitive information (UPSI) will be shared during these meetings. The presentations delivered will align strictly with those already made available on the company's website and stock exchange platforms.

The company noted that the schedule remains subject to change due to exigencies on the part of the investors or the company itself. The filing was signed by Apurva Neeraj Rathod, Company Secretary and Compliance Officer, pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.