L&T approves long term borrowings of Rs. 10000 crore

The Board of Directors of Larsen and Toubro Ltd at its meeting held today approved long term borrowings upto Rs. 10,000 crore, including refinancing, through external commercial borrowings, term loans, non-convertible debentures or any other instrument as may be appropriate.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1767.05 as compared to the previous close of Rs. 1773.90. The total number of shares traded during the day was 45322 in over 2557 trades.

The stock hit an intraday high of Rs. 1791.00 and intraday low of 1760.00. The net turnover during the day was Rs. 80321708.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LongTermBorrowing ECB Refinancing TermLoans NCDs FundRaising