Larsen & Toubro (L&T) secured Rs 500 crore by issuing debentures. These debentures are connected to specific sustainability goals. They align with SEBI’s guidelines for ESG debt securities. The debentures mature on June 19, 2028, with annual interest payments. L&T’s consolidated profit after tax increased by 25 percent to Rs 5,497 crore for the quarter ending March 31, 2025.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets