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

• L&T Finance Limited has allotted 52 subordinated, unsecured, rated, listed, redeemable, non-convertible debentures of the face value of ₹1,00,00,000 each on a private placement basis. • The aggregate nominal value of the allotment is ₹52,00,00,000. • The debentures have a coupon rate of 8.20% p.a. and are proposed to be listed on the Negotiated Trade Reporting Platform under New Debt Market of the National Stock Exchange of India Limited. • The original tenor is 3653 days and the date of maturity/redemption is July 01, 2036. • In case of default, additional interest of 2% p.a. over the coupon rate shall be payable. • NCDs will be redeemed at ₹1,00,00,000 per NCD on the Date of Maturity. Impact: Neutral (Procedural allotment of NCDs)

L&T Finance Limited

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