L&T Finance Ltd

Meeting Details

• Aug 26–28, 2026: Investor meetings (group/one-on-one), in-person, Mumbai; times not specified.
• Aug 31–Sep 2, 2026: Elara Conference investor meetings (group/one-on-one), in-person, Mumbai; times not specified.

Participants

• Company participants: Company Secretary and Compliance Officer.

Purpose

• Institutional investor meet and Elara Conference for investor interaction.

Additional Notes

• Presentations will be made available on the company and stock exchange websites.

Issuance details

• Security type: Subordinated, unsecured, rated, listed, redeemable NCDs (non-convertible).
• Issuance mode: Private placement.
• Face value: Rs 1 crore per NCD; base size Rs 200 crore.
• Oversubscription: option for 180 more NCDs; green shoe up to Rs 180 crore; total Rs 380 crore.
• Listing: proposed on NSE-NTRP New Debt Market.
• Allotment date: 13 August 2026.
• Original tenor: 3653 days; residual 3610 days.
• Maturity: 01 July 2036.
• Coupon: 8.20% p.a.; first coupon 01 Jul 2027; annual thereafter.
• Redemption: Rs 1 crore per NCD at maturity.
• Security/charge: Not secured.
• Tier II capital: Subordinated debt for inclusion as Tier II capital.
• Default interest: 2% p.a. over coupon on default.
• Investors: Identified investors; names not disclosed.

Meeting Details

• Date: August 17, 2026
• Meeting: Motilal Oswal Conference (group/one-on-one)
• Location: Mumbai
• Mode: In person

Participants

• Key company participants: not specified

Purpose

• Purpose: institutional investor/analyst meet schedule

Additional Notes

• Schedule subject to change due to investor/company exigencies
• Presentations will be posted on the company's and exchanges' websites

ESG Rating Update

• ESG score 78 (Leader) awarded by NSE Sustainability on Aug 10, 2026.

Appointment of WTDs

• Sachinn Joshi named WTD for two years; Raju Dodti for three years, effective Aug 10, 2026, RBI approved.

Meeting Details

• Dates: Aug 13–14, 2026; in-person, Mumbai; Emkay Conference (group and one-on-one).

Organizer

• Organizer: Emkay Conference.

Purpose

• Purpose: Investor meetings; presentations will follow company and stock-exchange materials.

Participants

• Key participants: Company Secretary and Compliance Officer; no personal names released.

Notes

• Presentations will be available on the company's and stock exchanges' websites.

Promoter-to-public re-classification submission

• Board approved Nabha Power Limited re-classification on July 10, 2026.
• L&T Finance Ltd submitted BSE/NSE applications for Nabha Power Limited re-classification from Promoter Group to Public.

ESG Rating Details

• ESG score: 81.9 (Grade A) for FY2025-26 by SES ESG Research.
• Previous score: 82.9; overall rating broadly stable.
• Rating agency: SES ESG Research Private Limited (SEBI Category II).
• Rationale: marginal correction in environment and governance pillars; offset by resilient social performance and substantial renewable energy adoption.
• Communicated: July 13, 2026, 07:45 PM IST; SES site also shows.
• Material change: score declined from 82.9 to 81.9; remained broadly stable.