New Delhi: Engineering giant Larsen & Toubro (L&T) on Tuesday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures.
“… the Company proposes to issue Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures aggregating up to Rs 1,000 crore, on private placement basis,” Larsen & Toubro said in a regulatory filing to the BSE.
Shares of the company closed at Rs 1,302.60 per unit, up 0.53 per cent over the previous close.
Source: Economic Times
