
L&T looks to raise Rs 12k crore through debt – The Times of India
MUMBAI: L&T plans to raise Rs 12,000 crore through debt instruments for its financial requirements while announcing organisational modifications at the $27-billion company. It will explore non-convertible debentures, external commercial borrowings, and term loans, with detailed terms to be disclosed upon finalisation.On Friday, Subramanian Sarma, who currently leads the energy unit, was promoted to the…