Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyL&T FINANCE HOLDINGS LTD. 2CIN NO.L67120MH2008PLC181833 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 5.00 4Highest Credit Rating during the previous FY AAA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Ms Apurva Rathod Designation: Company Secretary and Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: Mr Sachinn Joshi Designation: Chief Financial Officer EmailId: [email protected] Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
28-04-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for L&T Finance Holdings Ltd.

L&T; Finance Holdings announced Q4FY23 & FY23 results: Q4FY23: Q4FY23 PAT at Rs 501 crore, up 10% QoQ and up 46% YoY Q4FY23 Retail NIMs + Fees at 11.87%, up 15 basis points (bps) YoY Retail Return on Equity (RoE) at 16.32% for Q4FY23 FY23: FY23 PAT at Rs 1,623 crore, up 52% YoY Highest annual retail disbursements at Rs 42,065 crore Accelerated reduction in wholesale book by 54% YoY to Rs 19,840 crore Capital Adequacy Ratio of 24.52% (Tier 1: 22.10%) in FY23 and adequate liquidity buffers in place Average Debt/Equity ratio stood at 3.97x as on March 31, 2023 Retail Return on Equity (RoE) at 13.80% for FY23 Commenting on the financial results, Dinanath Dubhashi, Managing Director & CEO, L&T; Finance Holdings said, “FY23 marks the first year of our four-year strategic plan - Lakshya 2026 and we are happy to announce that our retailisation now stands at 75%, which is almost nearing the greater than 80% retailisation goal of Lakshya envisaged for FY26. This achievement has been on account of a strong YoY growth of 35% in retail book with best-in-class asset quality and a decisive 54% reduction in the wholesale book. The strategic initiatives that were undertaken during the year has helped the Company in accelerating the fulfillment of the plan. Going forward, we will sustain our momentum towards creating a customer-focused and sustainable Fintech@Scale. The Company will continue to offer retail products which encircle the entire customer ecosystem, creating a bespoke cross-sell and up-sell franchise and optimum distribution strategy.” Result PDF
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Further to our letter dated April 28, 2023, please find enclosed a press release in relation to the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2023
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Intimation Of Re-Appointment Of Dr. Rajani R. Gupte As An Independent Director Of The Company

Based on the recommendation of the Nomination & Remuneration Committee of the Company, the Board of Directors at its meeting held today i.e., April 28, 2023 has approved the proposal for reappointment of Dr. Rajani R. Gupte (DIN: 03172965) as an Independent Director of the Company for a 2nd term of 5 years from June 28, 2023 to June 27, 2028, in accordance with the requirements of the Companies Act, 2013, subject to approval of the members at the general meeting.
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Compliance Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

In terms of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed disclosure of related party transactions for the half year ended March 31, 2023.
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Audited Financial Results (Consolidated And Standalone) For The Quarter And Financial Year Ended March 31, 2023

Please find enclosed the audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2023
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Board Meeting Outcome for Audited Financial Results (Consolidated And Standalone) For The Quarter And Financial Year Ended March 31, 2023

Please find enclosed the audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2023
28-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the exchanges that the Nomination and Remuneration Committee of the Company at its Meeting held on April 26, 2023 has approved the allotment of 2,98,368 (Two Lakh Ninety Eight Thousand Three Hundred Sixty Eight) equity shares to those option grantees who have exercised their options under the schemes of the Company.
26-04-2023
Bigul

L&T FINANCE HOLDINGS LTD. - 533519 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the stock exchanges that the Company will hold investor(s) / analyst(s) meet on May 2, 2023 at 10 a.m. at Mumbai to discuss Q4FY2023 and FY2023 financial performance and provide an update on strategy.
24-04-2023
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