India’s L&T Finance to consider secured redeemable debenture issuance

New York, April 1 – L&T Finance Ltd. informed the Bombay Stock Exchange that its board of directors will meet on April 6 to consider the issuance of secured redeemable non-convertible debentures during the financial year 2016 to 2017.

The debentures may be issued in one or more tranches.

The issuer is a Mumbai-based finance company and a subsidiary of Larsen & Toubro Ltd.

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