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 on a consolidated basis, in the format specified in the applicable accounting standards for the year ended March 31, 2021. L&T; Finance Holdings Ltd - 533519 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
This is in furtherance to our earlier letter dated April 12, 2021 intimating about the merger of L&T; Infrastructure Finance Company Limited ("LTIFC') and L&T; Housing Finance Limited with L&T; Finance Limited, all wholly owned subsidiaries of the Company and consequent impact on L&T; Infra Debt Fund Limited ('LTIDF'), one of the subsidiaries of the Company, highlighting that LTIDF might be required to undergo, consequent to the merger of its sponsor i.e. LTIFC, change in the general character or nature of business / activities / shareholding structure which may include requirement of obtaining various approvals and making appropriate applications to the regulator, in this regard. In view of the aforesaid and further to an application made by the Company to RBI, RBI vide its letter dated May 17, 2021, has advised LTIDF to take steps to convert LTIDF into an NBFC - Investment and Credit Company (NBFC - ICC) from an IDF-NBFC. L&T; FINANCE HOLDINGS LTD. - 533519 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 82(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed Monitoring Agency Report for the quarter ended March 31, 2021, issued by Axis Bank Limited, Monitoring Agency, appointed to monitor the utilisation of proceeds of the Rights Issue of the Company. Further, we hereby confirm that there has been no deviation in the utilisation of Rights Issue proceeds from the objects as stated in the Letter of Offer dated January 19, 2021. L&T; FINANCE HOLDINGS LTD. - 533519 - Statement Of Deviation Or Variation In Utilisation Of Funds Raised Through Rights Issue
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations') read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24th December, 2019, we hereby confirm that there is no deviation or variation in the use of proceeds of Rights Issue from the objects stated in the Letter of Offer dated January 19, 2021. A Nil statement of deviation or variation, duly reviewed by the Audit Committee of the Company, is enclosed. L&T; Finance Holdings Ltd - 533519 - Announcement under Regulation 30 (LODR)-Investor Presentation
With reference to our letter dated April 7, 2021 and 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'), please find enclosed presentation to be made to Institutional Investor(s) / Analyst(s). Further, as per Regulation 46 of Listing Regulations, the said Presentation would also be available on website of the Company i.e. www.ltfs.com/investors.html. L&T; Finance Holdings Ltd - 533519 - Publication Of Financial Results Of The Material Subsidiary
This has reference to our earlier letter dated April 6, 2021 intimating the date of Board Meeting of material subsidiary of the Company. Further to aforesaid, this is to inform the Exchange that the Board of Directors of L&T; Finance Limited, the material subsidiary of the Company, at its meeting held on April 28, 2021 approved its Audited Financial Results for the financial year ended March 31, 2021. Consequently, pursuant to Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the results have been / are being submitted to Debt Listing department separately, followed by the publication in newspapers. L&T; Finance Holdings Ltd - 533519 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayL&T; FINANCE HOLDINGS LTD. 2CINL67120MH2008PLC181833 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 1773.22 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. YES Name of the Company Secretary: Apurva Rathod Designation: Company Secretary and Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: Sachinn Joshi Designation: Chief Financial Officer EmailId: [email protected] Date: 29/04/2021 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. L&T; FINANCE HOLDINGS LTD. - 533519 - Format of the Annual Disclosure to be made by an entity identified as a Large Corporate
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Compay L&T; FINANCE HOLDINGS LTD. 2 CIN L67120MH2008PLC181833 3 Report filed for FY 2020-21 Details of the borrowings (all figures in Rs crore) 4 Incremental borrowing done in FY(a) 195 5 Mandatory borrowing to be done through issuance of debt securities(b) = (25% of a) 49 6 Actual borrowings done through debt securities in FY(c) 195 7 Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) { If the calculated value is zero or negative, write 'nil'} Nil 8 Reasons for shortfall, if any, in mandatory borrowings through debt securities NA Name of the Company Secretary :-Apurva RathodDesignation :-Company Secretary and Compliance Officer Name of the Chief Financial Officer :- Sachinn Joshi Designation : -Chief Financial Officer Date: 29/04/2021 L&T; FINANCE HOLDINGS LTD. - 533519 - Audited Financial Results (Consolidated And Standalone) For The Quarter And Financial Year Ended March 31, 2021
Pursuant to Regulation 33, 52 and 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and other regulations, if applicable, we hereby inform the Exchange that the Board of the Company at its meeting held on 29-04-2021 has, inter alia, approved the Audited Financial Results (Consolidated and Standalone) of the Company for the quarter and financial year ended March 31, 2021. Further, in accordance with Regulation 33(3)(b) of the SEBI Listing Regulations, the Company has submitted, in addition to Standalone Financial Results, Consolidated Financial Results of the Company to the Exchanges. Accordingly, please find enclosed Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2021 along with the Auditor''s Report by the Statutory Auditors, declaration regarding Auditor Reports with unmodified opinion and the press release in this connection. The Board Meeting commenced at 1:47 p.m. and concluded at 5:43 p.m.