Larsen & Toubro Limited (LT) has allotted 50,000, 6.35% Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) on June 19, 2025.
Each NCD has a face value of ₹1 lakh, aggregating to ₹500 crore.
These NCDs are linked to identified sustainability targets and are issued under the Framework for Environment, Social and Governance (ESG) Debt Securities by SEBI.
The NCDs will mature on June 19, 2028, with interest paid on an annual basis.
The debentures are proposed to be listed on the National Stock Exchange of India Limited.