On Tuesday, the L&T Infrastructure Finance Company said that it will be raising up to Rs 50 crore debt through private placement.

In a BSE filing, the company said that it intends to issue unsecured, redeemable, non-convertible debentures in the nature of subordinated, Tier-II Debt on private placement basis.

It also added that the debenture issuance would amount to Rs 25 crore with an option to retain the over subscription of Rs 50 crore.

Read important share market tips