NCD Buyback Programme - Voluntary
The Company had launched a programme for Buyback of Secured Redeemable Non-convertible Debentures issued by the Company through the Public issue 2009. This is in accordance with the master letter of offer and the price sheet displayed on this website from time to time. Investors are requested to refer to the Master Letter of Offer, available on this website, for full details of the programme.
Each debenture holder can tender a maximum of upto 100 debentures for buyback per quarter. The maximum number of Debentures bought back by the Company per Quarter across all series shall not exceed 5,00,000 Debentures on a first come first serve basis.
Review of the NCD Buyback Programme
Pursuant to the amalgamation of L&T Finance Limited with Family Credit Limited with effect from 13-Feb-2017, the amalgamated Company has applied to the relevant authority for approving the change in the name of the Company. In the light of the amalgamation, the Company is reviewing the NCD Buyback Programme as well for appropriate changes. The Company shall re-start the NCD Buyback Programme after receipt of requisite approvals from the relevant authorities and shall intimate to the investors on the website of the Company