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L&T Finance aims to raise Rs 150 crore on private placement basis

L&T Finance is planning to raise Rs 150 crore through private placement basis by issuing non-convertible debentures.

The company in a BSE filing said, The company intends to issue secured, redeemable, non- convertible debentures of Rs 50 crore with an option to retain over-subscription up to Rs 100 crore, aggregating to Rs 150 crore on private placement basis.”

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