L&T raises Rs 2,000 crore via NCDs
23rd May 2019

Larsen & Toubro (L&T) has raised amount aggregating to Rs 2,000 crore through issuance and allotment of 20,000 or 8.02% Rated Listed Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each which will mature on May 22, 2022.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.