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

L&T Finance has scheduled a series of virtual meetings with institutional investors and analysts in June 2026. The company will engage with investors during conferences hosted by Nuvama India and Goldman Sachs. These interactions provide a platform for the company to discuss its performance and strategy without disclosing unpublished price sensitive information.

The meetings will be conducted virtually. The schedule includes group discussions and one-on-one sessions with key market participants.

L&T Finance stated that the presentations made during these meetings will align with those already available on its website and the stock exchanges. The company noted that the schedule remains subject to change based on exigencies on the part of the investors or the company.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Apurva Neeraj Rathod, Company Secretary and Compliance Officer, signed the filing on June 3, 2026.