ei.&t Financial Services

Transcription

1 ei.&t Financial Services May 3,2017 Listing Department The National Stock Exchange of India Limited Exchange Plaza, Sandra - Kurla Complex, Sandra (E), Mumbai Listing Department BSE Limited Phiroze Jeejeebhoy Tower Dalal Street, Mumbai Kind Attn.: Mr. Hari K, Head - Listing Kind Attn.: Mr. Manu Thomas, Deputy General Manager Dear Sirs, Details of Non-Convertible Debentures issued on Private Placement basis under Regulation 52(4) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015: With reference to the above subject, we submit herewith the information and documents as per the provisions of Uniform Listing Agreement entered into with the Stock Exchanges where Debt Securities of the Company are listed and the Securities and Exchange Soard of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 thereunder, for dissemination to the debenture holders' as mentioned below: a) Credit rating and change in credit rating (if any); Secured Redeemable Non-Convertible Debentures - 'ICRA AA+' by ICRA Limited and 'CARE AA+' by Credit Analysis and Research Ltd. Secured Non -Convertible Debentures (Public Issue) - 'ICRA AA+' by ICRA Limited and 'CARE AA+' by Credit Analysis and Research Ltd. Unsecured Redeemable Non-Convertible Debentures (Subordinated Debt) - 'ICRA AA+' by 'CRA Limited and "CARE AA+" by Credit Analysis and Research Ltd. Unsecured Redeemable Non-Convertible Deben~ures (Perpetl.lal Debt) - 'ICRA AA' by lera Limited and "CARE AA" by Credit Analysis and Research Ltd. 'L&T Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Limited. L&T Finance Limited Registered Office Brindavan, CSTRoad, Kalina 7th Floor, Technopolis, A-Wing Plot No 4, Block-BP, Sector-V Salt Lake, Kolkata CIN: U65910WB1993FLC060810

2 e L&T Financial. Services b) The said NCDsare secured by: i) exclusive first charge on specific Standard Receivables of the Company with an asset cover of 100% of the total amount; outstanding at any time and ii) pari - passu mortgage of all rights, title and interest on: 510 Sq. Ft. premises on "KGN Towers", A wing, Sixth Floor, Commander-in-Chief Road, Egmore, Chennai For NCD issue made by Family Credit Limited. 500 Sq. Ft. premises on "KGN Towers", A wing, Fifth Floor, Commander-in-Chief Road, Egmore, Chennai For NCD issue made by L&T FinCorp Limited Sq. Ft. premises on "KGN Towers", B wing, Sixth Floor, Commander-in- Chief Road, Egmore, Chennai For NCD issue made by L&T Finance Limited. c) The asset cover is Rs Crore as on March 31, 2017 and is adequate as per the terms of issue of NCDs. d) The Debt Equity Ratio is e) Previous due date for the payment of interest' dividend for non convertible redeemable preference shares, repayment of principal of non convertible preference shares' non-convertible debt securities and whether the same has been paid or not; and, Refer Annexure A f) Next due date for the payment of interest I dividend of non convertible preference shares 'principal along with the amount of interest' dividend of non convertible preference shares payable and the redemption amount; Refer Annexure B 'L&T Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Limited. L&T Finance Limited Brindavan, CSTRoad. Kalina Registered Office 7th Floor, Technopolis, A-Wing Plot No 4, Block-Bp, Sector-V Salt Lake, Kolkata CIN:U65910VVB1993FLC060810

3 e L&T Financial Services g) Debenture Redemption Reserve: The Company being a Non-Banking Financial Company, the same is not applicable for Private Placed Debentures. Further, for Public issue of debentures the balance of Debenture Redemption Reserve as on March 31,2017 is Rs 7, Lakh. h) Net Worth of the Company as on March 31, 2017 is Rs. 687, Lakh. i) Net profit for FY , after tax is Rs 1, Lakh. j) Earnings per share is Rs Thanking you, Yours sincerely, For L & T Finance Limited (erstwhile Family Credit Limited) ~.. s.;: Amit Bhandari Company Secretary 'L&T Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Limited. l&t Finance Limited Registered Office Brindavan, CST Road, Kalina 7th Floor, Technopolis, A-Wing Plot No 4, Block-BP, Sector-V Salt Lake, Kolkata CIN:U65910WB1993FLC060810

4 ANNEXURE A DETAILS OF REDEMPTION & PAYMENT OF INTEREST DURING HALF YEAR ENDING : Sr. Series I Tranche Type Due Date of Actual Date No. payment 1. Series - H Opt % Interest October 10, 2016 October 10, Series - H Opt % Redemption October 10,2016 October 10, Series - I Opt 9.57% Interest October 28,2016 October 28, Series -I Opt III FY 15-16@ Interest November 28,2016 November 28, % 5. Series -I Opt III FY 15-16@ Redemption November 28, 2016 November 28, % 6. LT NCO -0( ) Option I Interest December 28, 2016 December 28, LT NCO -0( ) Option I Redemption December 28, 2016 December 28, LT NCO -E( ) OPTION Interest December 22, 2016 December 22, 2016 III 9. LT NCO -E( ) OPTION Redemption December 22,2016 December 22, 2016 III 10. LT NCO -L( ) OPTION Interest December 19, 2016 December 19, LT NCO -L( ) OPTION Redemption December 19, 2016 December 19, LT NCO -L( ) OPTION Interest December 22, 2016 December 22, 2016 II 13. LT NCO -L( ) OPTION Redemption December 22,2016 December 22,2016 II 14. LT NCO -N( ) OPTION Interest January 23, 2017 January 23,2017 I 15. LT NCO -N( ) OPTION Interest January 23, 2017 January 23, 2017 II 16. Series - M Tier 9.95% Interest January 2, 2017 January 2, Series ~ 0 Opt 9.15% Interest February 17, 2017 February 17, Series - 0 Opt 9.15% Redemption February 17, 2017 February 17, LT NCO -N( ) OPTION Interest February 15, 2017 February 15, 2017 I 20. LT NCO -N( ) OPTION Redemption February 15, 2017 February 15, 2017 I 21. LT NCO -P( ) OPTION Interest February 24, 2017 Febru2ry 24, 20.1( LT NCO -P( ) OPTION Interest February 24,2017 february 24, 2017 <Ii

5 e I.&T Financial Services 'L&T Finance 23. Series - M Tier 9.30% Interest March 23, 2017 March 23, Series - S Tier 9.95% Interest March 30, 2017 March 30, LT NCO - E ( ) Option Interest January 3, 2017 January 3, LT NCO - E ( ) Option Redemption January 3, 2017 January 3, LT NCO - FY Tier II Interest January 30, 2017 January 30, LT NCO Ser G- FY Tier Interest February 9, 2017 February 9, 2017 II % NCD-SERIES:C- Interest February 28, 2017 February 28, 2017 FY14-TIER II % NCD-SERIES:H-FY15- Interest March 6,2017 March 6, 2017 TIER II % NCD-SERIES:F-FY14- Interest March 27,2017 March 27, 2017 TIER II % NCD-SERIES:I-FY15- Interest March 30, 2017 March 30, 2017 TIER II 33. Series A FY Interest October 5, 2016 October 5, Series G FY Interest October 10,2016 October 10, Series G FY Redemption October 10, 2016 October 10, Series H FY Opt 2 Interest October 29, 2015 October 29, Series H FY Opt 2 Redemption October 29, 2015 October 29, Series J FY Opt 1 Interest October 20, 2016 October 20, Series J FY Opt 1 Redemption October 20,2016 October 20, Series K FY Interest October 26, 2016 October 26, Series H FY Opt 1 Interest October 28, 2016 October 28, Series H FY Opt 1 Redemption October 28, 2016 October 28, Series H FY Opt 3 Interest October 28, 2016 October 28, Series H FY Opt 3 Redemption October 28, 2016 October 28, Series L FY OPT 1 Interest November 1, 2016 November 1, Series L FY OPT 2 Interest November 1, 2016 November 1, Series M FY Interest November 30, 2016 November 30, Series J FY Interest December 21,2016 December 21, Series F FY Interest December 30, 2016 December 30, Series A FY Interest January 5, 2017 January 5, Series K FY Opt 1 Interest January 30, 2017 January 30, Series K FY Opt 1 Redemption January 30, 2017 JC!nuary 30, Series K FY Opt 2 Interest JanuaiY 30, 2017 January 30, Series H FY Interest February 6, 2017 February 6, Series L FY Opt 1 Interest February 13, 2017 February 13, ~\n:j:l~~. ',..'", Of} ~.~( o' ~,"" ::: ':'3 Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance LJ t-ta.\. ~~';' ~(Il\~~ L&TFinance Limited Registered Office \l (erstwhile known as Famil y Credit Ltd.) 7th Floor Techno p, olis A-Win 9 - Brindavan, CSTRoad, Kalina Plot No 4, Block-BP, Seetor-V Mumbai B Salt Lake, Kolkata CIN: U65910WB1993FLC060B10

6 8L&T Financial Services 56. Series L FY Opt 1 Redemption February 13, 2017 February 13, Series C FY Opt 6 Interest February 20, 2017 February 20, Series C FY Opt 6 Redemption February 20, 2017 February 20, Series H FY Interest February 20, 2017 February 20, Series L FY Opt 2 Interest February 20, 2017 February 20, Series L FY Opt 2 Redemption February 20,2017 February 20, Series F FY OPT 1 Interest February 20, 2017 February 20, Series F FY OPT 1 Redemption February 20, 2017 February 20, Series E FY Opt 1 Interest February 23, 2017 February 23, Series E FY Opt 1 Redemption February 23, 2017 February 23, Series L FY Opt 5 Interest February 27,2017 February 27, Series L FY Opt 5 Redemption February 27, 2017 February 27, Series M FY Interest February 28, 2017 February 28, Series M FY Redemption February 28, 2017 February 28, Series 10.35% Interest March 27,2017 March 27, Series - N 8.90% Interest March 29, 2017 March 29, 2017 L&T Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Limited. LBrTFinance Limited Registered Office Brindavan, CSTRoad, Kalina 7th Floor, Technopolis, A-Wing Plot No 4, Block-BP, Sector-V Salt Lake, Kolkata CIN:U65910WB1993FLC T

7 e1.&1financial Services } ANNEXURE B DETAILS OF REDEMPTION & INTEREST DUE IN THE NEXT HALF-YEAR I.E TO : Series I Tranche Type Due Date of Amount ( Rs.) Payment Series - B Opt I Interest April 3, ,038, Series - B Opt I Redemption April 3, ,000, Series - B Opt VI Interest April 3, ,985, Series - B Opt VI Redemption April 3, ,000, Series - L Interest April 3, ,157, Series - L Redemption April 3, ,000, Series - A Opt I Interest April 3,2017 8,559, Series -A Opt I Redemption April 3, ,500, SERIES A OF FY Interest April 5, ,260, Series - A Opt II Interest April 6, ,712, Series -A Opt II Redemption April 6, ,500, SERIES A FY OPT 1 Interest April 13, ,316, SERIES A FY OPT 2 Interest April 13, ,741, SERIES A FY OPT 3 Interest April 13, ,700, SERIES A FY OPT 4 Interest April 13, ,722, SERIES A FY OPT 5 Interest April 13, ,975, SERIES A FY OPT 6 Interest April 13, ,081, SERIES A FY OPT 7 Interest April 13, ,470, SERIES A FY OPT 7 Interest April 17, ,257, SERIES A FY OPT 7 Interest April 17, ,825, Series - L Opt IV Interest April 17, ,232, Series - L Opt IV Redemption April 17, ,500, Series - A Opt III Interest April 17, ,267, Series - A Opt III Redemption April 17, ,000, SERIES B FY Interest April 20, ,500, BERIES A FY Interest April 20, ,800, SE;lries- A Opt I Interest April 25, ,134, Series - A 1~-1E' Opt I Redemption April 25, ,000, Series - A Cpt II Interest April 26, ,364, Series - A Opt II Redemption April 26, ,000, SERIES A FY OPT 4 Interest April 27, ,085, T

8 el&t Financial Services SERIES A FY OPT 4 Redemption April 27, ,000, SERIES D FY OPT 1 Interest April 27, ,375, SERIES D FY OPT 1 Redemption April 27, ,000, SERIES B FY OPT 2 Interest May 2, ,857, SERIES B FY OPT 2 Redemption May 2, ,000, SERIES A FY OPT 3 Interest May 4, ,073, SERIES A FY OPT 3 Redemption May 4, ,500, SERIES C FY OPT 1 Interest May 9,2017 4,530, SERIES C FY OPT 1 Redemption May 9, ,000, SERIES B FY OPT 3 Interest May 15, ,551, SERIES B FY OPT 3 Redemption May 15, ,000, SERIES C FY OPT 7 Interest May 15, ,374, SERIES C FY OPT 7 Redemption May 15, ,500, SERIES C FY OPT 3 Interest May 20, ,436, SERIES C FY OPT 5 Interest May 20, ,296, SERIES C FY OPT 5 Interest May 20, , SERIES A FY OPT 1 Interest May 20, ,000, SERIES B FY OPT 1 Interest May 22, ,241, SERIES B FY OPT 2 Interest May 22, ,696, SERIES C FY OPT 2 Interest May 22, ,494,282;83 SERIES C FY OPT 2 Redemption May 22, ,000, SERIES C FY OPT 3 Interest May 24,2017 9,268, SERIES C FY OPT 3 Redemption May 24, ,000, SERIES C FY OPT 1 Interest May 24, ,250, SERIES D FY OPT 2 Interest May 26,2017 4,387, SERIES D FY OPT 2 Redemption May 26, ,000, SERIES C FY OPT 4 Interest May 29, ,012, SERIES C FY OPT 4 Redemption May 29, ,000, SERIES F FY OPT II Interest May 31,2017 4,523, SERIES F FY OPT II Redemption May 31, ,000, SERIES E FY OPT 4 Interest June 4,2017 4,~12,373.7~ SERIES D FY OPT 2 Interest June 5, ,370, SERIES D FY OPT 2 Redemption June 5, ,000, ~ERIES E FY OPT 1 Interest June 6,2017 3,651, ~ERIES E FY OPT 1 Redemption June 6, ,000, SERIES D FY OPT 3 Interest June 7, ,203, ~ERIES D FY OPT 3 Redemption June 7, ,000, SEt~I:=S D FY OPT 4 Interest June 12, ,171, 'L&T Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Li LBrT Finance Limited Registered Office Brindavan, CST Road, Kalina 7th Floor, Technopolis, A-Wing Plot No 4, Block-BP, Seetor-V Salt Lake, Kolkata CIN: U65910WB1993FLC060810

9 e L&T Financial Services SERIES D FY OPT 4 Redemption June 12, ,000, SERIES F FY OPT III Interest June 12, ,527, SERIES F FY OPT III Redemption June 12, ,000, SERIES C FY OPT 1 Interest June 13, ,800, SERIES C FY OPT 2 Interest June 13, ,800, SERIES D OF FY Interest June 14, ,600, OPT 1 SERIES C F.Y III Interest June 19, ,863, SERIES C F.Y III Redemption June 19, ,000, SERIES F FY OPT IV Interest June 19, ,188, SERIES F FY OPT IV Redemption June 19, ,500, SERIES E FY OPT 2 Interest June 19, ,128, SERIES E FY OPT 2 Redemption June 19, ,000, SERIES E FY OPT 2 Interest June 20, ,652, SERIES E FY OPT 2 Redemption June 20, ,000, SERIES G FY OPT 1 Interest June 26, ,189, SERIES G FY OPT 1 Interest June 26, ,567, SERIES G FY OPT 1 Interest June 26, ,189, SERIES G FY OPT 1 Interest June 26, ,378, SERIES G FY OPT 1 Redemption June 26, ,000, SERIES G FY OPT 1 Redemption June 26, ,000, SERIES G FY OPT 1 Redemption June 26, ,000, SERIES G FY OPT 1 Redemption June 26, ,000, SERIES G FY OPT 4 Interest June 26, ,437, SERIES F Interest June 26, ,511, SERIES F Redemption June 26, ,000, SERIES E OFFY Interest June 29, ,360, OPT 1 SERIES E FY Interest June 30, ,16,00, SERIES A OF FY Interest July 5, ,252, SERIES G FY OPT 1 Interest July 6, ,992, SERIES G FY OPT 1 Redemption July 6, ,000, SERIES H FY OPT 3 Interest July 8,2017 8,968, SERIES H F'.' OPT 3 Interest July 8, ,875, SERIES H FY OPT 3 Interest July 8,2017 4,484, SERIES H FY OPT 3 Interest July 8,2017 4,484, SERIES H FY OPT 1 Interest July 12, ,507, SERI!::S H FY OPT 1 Redemption July 12, ,aoo,000.00

10 e L&T Financial Services SERIES G FY OPT 2 Interest July 13, ,980, SERIES G FY OPT 2 Redemption July 13, ,000, SERIES H FY OPT 2 Interest July 21, ,550, SERIES H FY OPT 2 Redemption July 21, ,000, SERIES F OF FY Interest July 22, ,953, OPT 1 SERIES F FY OPT V Interest July 24, ,936, SERIES F FY OPT V Redemption July 24, ,000, SERIES G FY OPT 2 Interest July 27,2017 3,896, SERIES G FY OPT 2 Interest July 27, ,963, SERIES G FY OPT 2 Interest July 27, ,227, SERIES G FY OPT 2 Interest July 27,2017 3,896, SERIES G FY OPT 2 Redemption July 27, ,000, SERIES G FY OPT 2 Redemption July 27, ,000, SERIES G FY OPT 2 Redemption July 27, ,000, SERIES G FY OPT 2 Redemption July 27, ,500, SERIES K FY OPT II Interest July 28, ,841, SERIES K FY OPT II Redemption July 28, ,250,000, SERIES F FY OPT VI Interest August 1, ,562, SERIES F FY OPT VI Redemption August 1, ,000, SERIES G FY OPT I Interest August 3, ,000, SERIES G FY OPT II Interest August 3, ,375, SERIES C FY OPT 2 Interest August 4, ,755, SERIES C FY OPT 2 Redemption AUQust 4, ,000, SERIES B FY OPT 1 Interest August 5, ,650, SERIES B FY OPT 2 Interest August 5, ,325, SERIES H OF FY Interest August 5, ,398, OPT 1 SERIES H OF FY Interest August 5, ,796, OPT 1 SERIES C FY OPT 1 Interest August 7, ,454, SERIES C FY OPT 1 Redemption August 7, ,000,000, SERIES I FY Interest AUQust 9, ,000, SERIES I FY OPT 2 Interest AUQust 19, ,424, SERIES I FY OPT 2 Interest AUQust 19, ,696, SERIES D FY OPT 1 Interest AUQust 31, ,625, SERIES D FY OPT 1 Redemption AUQust 31,2017 1,250,000, SERIES F OF FY Interest September 8, ,550,000.00

11 e'-&t Financial Services SERIES J FY Interest September 11, ,30,06, SERIES G Interest September 12, ,200, SERIES K FY Interest September 25, ,393, SERIES K FY Interest September 25, ,393, SERIES K FY Redemption September 25, ,000, SERIES K FY Redemption September 25, ,000, SERIES L FY OPT Interest September 25, ,737, SERIES L FY OPT Interest September 25, ,080, SERIES L FY OPT Interest September 25, ,868, SERIES L FY OPT Interest September 25, ,686, SERIES L FY OPT Redemption September 25, ,000, SERIES L FY OPT Redemption September 25, ,000,000,00 SERIES L FY OPT Redemption September 25, ,000, SERIES L FY OPT Redemption September 25, ,000, SERIES L FY OPT Interest September 29, ,568, SERIES L FY OPT Interest September 29, ,747, SERIES L FY OPT Interest September 29, ,578, SERIES L FY OPT Redemption September 29, ,000, SERIES L FY OPT Redemption September 29, ,000, SERIES L FY OPT Redemption September 29, ,000,000,00 The Company does not expect default in payment of principal I interest due in next half year..l&t Finance Limited & L&T FinCorp Limited have been merged into Family Credit Limited. The name of Family Credit Limited is changed to L&T Finance Limited, L&T Finance limited Registered Office Brindavan, CST Road, Kalina 7th Floor, Technopolis. A-Wing Plot No 4, Block-BP. Sector-V Salt Lake, Kolkata CIN:U65910WB1993FLC T