L&T Finance allots non-convertible debentures (NCDs)
L&T Finance (LTF) said it has allotted non-convertible debentures (NCDs). The company is valued at about ₹67,912 crore.
What happened
L&T Finance (LTF) told the exchanges on 29 September 2026 at 06:44 PM that it has allotted non-convertible debentures (NCDs).
Company snapshot
L&T Finance is a mid-cap company in the Financial Services sector, with a market value of about ₹67,912 crore.
The stock last traded at ₹271.1, against a 52-week range of ₹234.9–₹338.6 (19.9% below the high).
Before this filing the shares had moved −11.0% over the month and −10.5% over three months. Average daily turnover over the last 20 sessions was about ₹163 crore.
Promoters held 65.96% at the end of Q1 FY27, down 0.03% points from the previous quarter. Foreign institutions owned 7.71% and domestic institutions 14.90%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 4,260 | 701.1 | 2.81 |
| Q2 FY26 | 4,336 | 734.8 | 2.94 |
| Q3 FY26 | 4,578 | 738.6 | 2.95 |
| Q4 FY26 | 4,771 | 850.3 | 3.22 |
| Q1 FY27 | 5,243 | 902.5 | 3.6 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was down 2.6% on average after five days (8 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.6% over five days; 50% of them rose the next day.
Market-wide, 1,465 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.5%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 18 Sept 2026 | Allotment of Non Convertible Debentures on September 18, 2026 | −2.5% | −10.6% |
| 2 Sept 2026 | Fund raising | +0.4% | −0.5% |
| 20 Aug 2026 | Fund raising | +0.3% | −0.1% |
| 13 Aug 2026 | Fund raising | −3.4% | −0.8% |
| 7 Jul 2026 | Fund raising | −3.9% | −6.5% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- L&T Finance raises $68 million in debt via debenture placement
- L&T Finance, Axis Bank, Ujjivan, AU Bank face insurance fee income pressure from IRDAI reforms
- PB Fintech shares fall 23%; Bajaj Finance, L&T Finance also take hit; here's why
- Why L&T Finance Share Plunged Today?
- L&T Finance, Bajaj Finance Win Upgrades As UBS Sees Fresh Personal Loan Boom Ahead — Check Target Prices
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.