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L&T looks to raise Rs 12k crore through debt

Times of India LogoTimes of India14h ago

L&T looks to raise Rs 12k crore through debt - Times of India

Quick Summary:

India Business News: MUMBAI: L&T plans to raise Rs 12,000 crore through debt instruments for its financial requirements while announcing organisational modifications at th.

The company traditionally opts for debt-based fundraising, utilising the amount to refinance matured debt and meet capital expenditure needs.

During fiscal 2024, the company issued non-convertible debentures worth Rs 7,000 crore and commercial papers totalling Rs 46,975 crore.


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Article Details

Author / Journalist: Reeba Zachariah

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-22 @ 04:44:06 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27227146

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://chronographically.beamstart.com/news/lt-looks-to-raise-rs-17425905892620

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