L&T Finance Limited has announced the exercise of call option on ₹50 crore subordinated perpetual debt instruments, with redemption scheduled for March 18, 2026. The debentures, originally issued in March 2016 with a 9.50% annual coupon rate, received RBI approval for call option exercise on February 12, 2026. The company has set March 02, 2026 as the record date, with debenture holders to receive principal and coupon payments on the redemption date.
L&T Finance Limited Exercises Call Option on ₹50 Crore Non-Convertible Debentures for March 2026 Redemption