Larsen & Toubro to raise Rs 1,000 crore through NCDs
Jan 21, 2020, 20:36 IST
New Delhi, Jan 21 () Engineering giant Larsen & Toubro (L&T) on Tuesday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures.
"... the Company proposes to issue Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures aggregating up to Rs 1,000 crore, on private placement basis," Larsen & Toubro said in a regulatory filing to the BSE.
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Shares of the company closed at Rs 1,302.60 per unit, up 0.53 per cent of the previous close. NAM MR MR(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)