L&T Finance Perpetual NCD (INE691I08404)
L&T Finance Limited
Unsecured, Taxable, Redeemable NCD
Issuer events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 25 Aug 2026 New rating assigned to AAA CRISIL
Market Position
Price vs Yield
Price chart data not available
Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.Showing last 10 trades.
Cashflow Timeline
Payment schedule not projected
The coupon on this bond resets with a benchmark rate (its NSDL description names one), so no payment schedule, accrued interest or duration is projected from the current rate.Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- No secondary-market trades recorded in the last 30 days.
Structured Overview
Data as of 6 Nov 2026Issued by L&T Finance Limited, L&T Finance Perpetual NCD is an unsecured NCD. It has no fixed maturity date.
Rating Action History
2 actionsAgency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-09-25 | CARE | Reaffirm | AAA | Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA | Stable | View → |
Rating Actions on L&T Finance Limited
last 12 monthsAgencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.
| Date | Agency | Action | Rating | Rationale |
|---|---|---|---|---|
| 2026-09-25 | CARE | Reaffirm | AAA / Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA / Stable | View → |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | ICRA (NSDL record) | 2015-08-17 |
| Rating Actions History | 2 | — | 2026-09-25 |
| Secondary-Market Trades | 0 | — | — |
| Reg52(4) Payment Disclosures | 0 | — | — |
- No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
- No secondary-market trade with a usable price on record, so no market yield or spread is shown.
Documents
Entity metadata
- Source
- NSDL debt master
- Last Updated
- 6 Nov 2026
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When does L&T Finance Perpetual NCD mature?
L&T Finance Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.
What is L&T Finance Perpetual NCD rated?
No current rating from an agency or exchange is on file for L&T Finance Perpetual NCD. NSDL's debt master records a rating of AA+ by ICRA, dated 17 Aug 2015, often from the time of issue, so it may be out of date.
Is L&T Finance Perpetual NCD secured?
L&T Finance Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Can L&T Finance Perpetual NCD be called or put back early?
L&T Finance Perpetual NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.