L&T FINANCE LIMITED : ALLOTMENT OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

• Company has allotted 50,000 senior, secured, rated, listed, redeemable, non-convertible debentures of face value of ₹1,00,000 each on a private placement basis. • Total nominal value of allotment is ₹500,00,00,000 (₹500 Cr). • Debentures have a coupon rate of 7.8384% p.a., with the first coupon payable on September 28, 2026. • The debentures are proposed to be listed on the Negotiated Trade Reporting Platform ("NTRP") of NSE. • The debentures will be redeemed at ₹1,00,000 per NCD on the date of maturity, September 28, 2029. • The debentures shall be secured by a first ranking charge by way of hypothecation over identified fixed deposits and/or standard receivables. Impact: Neutral (Standard NCD issuance and allotment to identified investors)

L&T Finance Limited

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