L&T Infra Credit Limited (earlier known as L&T Infra Debt Fund Limited) has issued rated, listed, secured, redeemable, principal protected non-convertible market linked debentures (MLDs) that have features of debt.
Please review the relevant offer document / memorandum of private placement / pricing supplement relating to the specific MLDs for details including their risk factors.
As per the Guidelines for Issue and Listing of Structured Products / Market Linked Debentures dated Sept 28, 2011 (Guidelines) issued by the SEBI, L&T ICL (earlier known as L&T IDF) has appointed CARE Risk Solutions Private Limited (CARE) and ICRA Analytics Limited (ICRA Analytics) as the third-party valuation agencies. These valuation reports are available, depending on the specific issue, at either of the following links:
The indicative valuation provided by the valuation agency is being provided in compliance with applicable guidelines.