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( As on 19/06/2025 16:27)

L&T raises Rs 500 crore through ESG-Linked Debentures

Infrastructure giant Larsen & Toubro (L&T) announced on Thursday that it has successfully raised Rs 500 crore through the issuance of non-convertible debentures (NCDs).

In a regulatory filing to the BSE, the company stated that it has allotted 50,000 listed, rated, unsecured, redeemable NCDs with a face value of Rs 1 lakh each, carrying a 6.35% interest rate.

These debentures are linked to predefined sustainability targets and have been issued under SEBI’s Framework for Environment, Social, and Governance (ESG) Debt Securities, excluding green debt instruments, the company added.