L & T Finance NCD Issue

L & T finance is coming with public issue of 50,00,000 Secured Redeemable Non-Convertible Debentures to raise Rs.500 Crores with an option to retain over-subscription upto Rs.500 Crores for issuance of additional NCDs, aggregating upto a total of Rs.1,000 Crores
The following is a summary of the terms of the Issue. This summary should be read in


conjunction with, and is qualified in its entirety by, more detailed information in the

chapter titled “Terms of the Issue” beginning on page 143 of this Prospectus.

Common Terms of NCDs

Issuer L&T Finance Limited

Issue 50,00,000 NCDs of Rs.1,000/- each aggregating to Rs.500 Crores with an

option to retain over-subscription upto Rs.500 Crores for issuance of

additional NCDs, aggregating upto a total of Rs.1,000 Crores

Stock Exchanges

proposed for listing of

the NCDs

NSE

Issuance and trading In Demat form only

Depository NSDL and CDSL

Security Security will be created for the purpose of this Issue as per the Debenture

Trust - cum - Mortgage Deed. For further details, please refer to page 153 of

this Prospectus.

Rating(s) CARE AA+ by CARE and LAA+ by ICRA

Issue Schedule* Issue Opening Date: August 18, 2009 and Issue Closing Date:

September 04, 2009

Deemed Date of

Allotment

Deemed date of allotment shall be the date of issue of the letter of allotment /

regret, as the case may be

Settlement Please refer to the section titled “Terms of the Issue” beginning on page

143.

* The subscription list for the public issue shall remain open for subscription at the commencement of

banking hours and close at the close of banking hours on the dates indicated above or earlier on such date

as may be decided at the discretion of the Board / Committee of Directors of the Company, as the case may

be. In case of an earlier closure, the Company shall ensure that notice of atleast 3 days is given to the

investors which shall be communicated through advertisements.

The NCDs will be issued at a face value of Rs.1,000/- each.
The issue is opening on the 18th of August and closing on the 4th of September.For more Detail Visit Avdhoot Investment