L&T raises Rs 1,000 cr via NCDs
- Country:
- India
Engineering and construction major L&T on Friday raised Rs 1,000 crore through issuance of non-convertible debentures (NCDs). "The Company has today issued and allotted 10,000 6.72 per cent Rated Listed Unsecured Redeemable NCDs of Rs 10 lakh each aggregating to Rs 1,000 crore which will mature on April 24, 2023," L&T said in a BSE filing.
The debentures are proposed to be listed on the NSE. L&T stock settled at Rs 1,359.80, up 2.03 per cent, on the BSE.
PTI SID SID ANU ANU
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- The Company
- L&T
- BSE
- ANU ANU
- NSE
Advertisement
ALSO READ
Disney shareholders back CEO Iger, rebuff activist shareholders who wanted to shake up the company
Compass Group India Holds the First-ever Compass India Cook Off (CICO) Challenge to Showcase the Exemplary Culinary Prowess in the Company
Edelweiss Alternatives backed platform acquires L&T Infrastructure Development Projects
Edelweiss Alternatives acquires 100 per cent stake in L&T infrastructure development projects limited
BRIEF-About Every 5 Years, We Need To Reorganize And Streamline The Company For The Next Phase Of Growth - Musk On X