Key Transaction Details

  • Issuer: L&T Finance Limited
  • Instrument: Senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs)
  • Type of Issuance: Private placement
  • Date of Allotment: October 21, 2026
  • Total Number Allotted: 1,50,000 (One-Lakh Fifty Thousand) debentures
  • Face Value: ₹1,00,000 (Indian Rupees One Lakh) per debenture
  • Aggregate Nominal Value: ₹1,500,00,00,000 (Indian Rupees One Thousand Five Hundred Crores Only)
  • Form: Dematerialised form
  • Consideration: Cash

Instrument Characteristics

  • Original Tenor: 1179 days
  • Residual Tenor: 1073 days (as of allotment date)
  • Date of Maturity/Redemption: September 28, 2029
  • Coupon Rate: 7.8384% per annum
  • Coupon Payment Frequency: Annual
  • Next Coupon Payment Date: September 28, 2027

Coupon Payment Schedule

| Payment Date | Days in Coupon Period | Amount (₹) |

| September 28, 2027 | 365 | 7,838.4000 |

| September 28, 2028 | 366 | 7,838.4000 |

| September 28, 2029 | 365 | 7,838.4000 |

Interest payments will be rounded off to the nearest rupee. In case of holidays, payments follow Business Day Convention as per Key Information Document.

Principal Repayment Schedule

  • Principal Due: ₹1,00,000.0000 per NCD
  • Principal Payout Date: September 28, 2029
  • Days from Original Issue Date: 1,179 days

Security Details

The debentures are secured by:

  • Exclusive first ranking charge by way of hypothecation over identified fixed deposits of the Issuer
  • Exclusive first ranking charge by way of hypothecation on identified standard receivables of the Issuer
  • Security coverage: Hypothecated Assets equivalent to 1 time the principal amount and coupon outstanding

Default Provisions

In case of default in payment of coupon and/or principal redemption beyond due dates, additional interest of 2% p.a. over the coupon rate shall be payable for the defaulting period.

Listing Arrangements

The Debentures are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) under New Debt Market of the National Stock Exchange of India Limited.

Company Contact

Apurva Rathod, Company Secretary and Compliance Officer, digitally signed the disclosure on October 21, 2026 at 18:28:33 +05'30'.

#L&TFinance #NCD #DebtIssuance #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral