|
Exchange Received Time  26/02/2019 21:58:04 Exchange Disseminated Time 26/02/2019 21:58:12 Time Taken 00:00:08 | Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the committee of directors of L&T Finance Limited, the material subsidiary of the Company, vide resolution dated February 22, 2019 has approved: - the Shelf Prospectus dated February 22, 2019, in connection with the issue of Secured and/or Unsecured (Subordinated and qualifying for Tier II capital) Redeemable Non-Convertible Debentures of face value of Rs.1,000 each, with a shelf limit of Rs. 5,000 crore; - the Tranche 1 Prospectus dated February 22, 2019, in connection with the issue of Secured Redeemable Non-Convertible Debentures of face value of Rs.1,000 each for an amount of Rs. 500 crore with an option to retain oversubscription up to Rs.1,000 crore aggregating up to Rs.1,500 crore. Necessary approval from the Registrar of Companies has been received on February 26, 2019. |
|
|