Deals & Growth
BSE India9 Sept 2026, 5:30 am IST
L&T issues NCDs worth Rs 500 crore
What happened
- L&T has issued tokenised NCDs worth Rs 500 crore.
- These debt instruments carry an interest rate of 7.40% and will mature on September 9, 2029.
Key terms explained
Financial terms from this story, in everyday words.
- NCD
- Non-Convertible Debentures, which are loans taken by a company from the public that cannot be converted into shares.
Original source
BSE India
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