L&T Finance Ltd.

Our Company was originally  incorporated as L&T Capital Holdings
 Limited on May 1, 2008 under  the Companies  Act,  as  a  public 
 limited  company,  to  carry  on  the  business  of 
 investment/finance.  Our Company  received  the  certificate  of 
 commencement  of  business  on  May  15,  2008.  Our  Company
 subsequently changed the name of our Company to L&T Finance Holdings
 Limited pursuant to a special resolution  passed  by  the 
 shareholders  at  a  general  meeting  dated  September  1,  2010. 
 Pursuant  to  the change  of  name,  a  fresh  certificate  of 
 incorporation  was  granted  to  our  Company  by  the  RoC  on
 September 6, 2010.
 
 Our Company was registered with the RBI under Section 45-IA of the
 Reserve Bank of India Act, 1934, as a non-banking financial
 institution without accepting public deposits by a certificate of
 registration no. N-13.01925 dated March 31, 2009.  
 
 The Company  is promoted by Larsen & Toubro Limited as a holding
 company  for  its financial services business. 
 
 Main objects of our Company 
 
 To carry on the business of Investment/finance Company in all its
 branches and to invest, sell, purchase exchange,  surrender, 
 extinguish,  relinquish,  subscribe,  acquire,  undertake, 
 underwrite,  hold,  auction, convert  or  otherwise  deal  in  any 
 shares,  stocks,  debentures,  debenture  stock,  bonds,  negotiable
 instruments,  hedge  instruments,  warrants,  certificates,  premium 
 notes,  treasury  Bills,  obligations,  inter corporate  deposits, 
 call  money  deposits,  public  deposits,  commercial  papers, 
 options  futures,  money market  securities,  marketable  or  non 
 marketable  securities,  derivatives  and  other  instruments  and
 securities  issued,  guaranteed  or  given  by  any  government, 
 semi-government,  local  authorities,  public 
 sector  undertakings,  companies,  corporations,  co-operative 
 societies,  trusts,  funds,  State,  Dominion sovereign, Ruler,
 Commissioner, Public body  or authority, Supreme, Municipal, Local or
 otherwise and other organisations/entities persons and to acquire and
 hold controlling and other interests in the securities or loan
 capital of any issuer, company or companies. 
 
 Key events and milestones of our Company and its Subsidiaries 
 
 Year  Milestone
  
 1994  
 
 L&T Finance was incorporated 
 
 L&T Finance commences business with focus on offering lease, hire
 purchase solutions 
 for SMEs 
 
 2004
 
 L&T Finance starts financing of rural assets - tractors and farm
 equipments 
 
 2006-2007
 
 L&T Infra was incorporated in 2006 and received its certificate of
 registration from the 
 RBI in 2007 
 
 L&T Finance starts financing of commercial vehicles 
 
 2008
 
 L&T Finance makes foray into Microfinance 
 
 L&T Finance commences distribution of financial products 
 
 L&T Finance starts financing of capital market products 
 
 2009-2010
 
 L&T  Finance  taps  retail  sources  to  raise  funds  for  the 
 first  time  –  successful 
 back-to-back NCD issuances 
 
 2010
 
 L&T  Finance  acquires  DBS  Cholamandalam  Asset  Management 
 Limited  and  DBS 
 Cholamandalam Trustees Limited, foraying into mutual funds business 
 
 L&T Infra receives 'Infrastructure Finance Company' status from RBI 
 
 L&T Infra closes a public issue of long term infrastructure bonds 
 
 2011
 
 L&T Infra closes a second public issue of long term infrastructure
 bonds 
 
 L&T Infra is notified as a PFI under Section 4A of the Companies Act
 by Government 
 of India.  
 
 Pre-IPO Placement of 57,768,000 Equity Shares and 2,232,000 Equity
 Shares to MACE 
 CIPEF Limited and MACE CGPE Limited, respectively, for an aggregate
 consideration 
 of ` 3,300,000,000 at a subscription price of ` 55 per Equity Share.
 
 -Company has changed its name from L & T Capital Holdings Ltd. to L &
 T Finance Holdings Ltd.                                               
 
                                                
 2012
 
 -L&T Finance Holdings announces entry in to Housing Finance
 
 -L&T Finance Holdings has successfully completed the acquisition of
 Indo Pacific Housing Finance Ltd (IPHF)
 
 -L&T Finance Holdings Ltd acquires FamilyCredit Ltd. from Societe
 Generale Consumer Finance
 
 2013
 -L&T Finance Holdings has acquired auto finance company Family Credit
 Ltd.
 
 2014
 - Board recommended a Dividend of Rs. 0.75/- per Equity Share.
 
 2017
 - L&T Finance Holdings wins Golden Peacock Award for Risk Management
 - L&T Finance Holdings launches Micro Loans business in Bihar
 - L&T Finance Holdings launches Micro Loans business in Assam
 - L&T Finance among India's five most-valuable NBFC firms (Mint)
 
 2018
 - L&T Housing Finance revises its Prime Lending Rate
 - L&T Finance Holdings featured in the Forbes India's Super 50
 Companies 2018
 
 2019
 - L&T Finance Launches Sabse Khaas Loan for Two-Wheeler Customers
 - L&T Finance Holdings and Apis Partners announce equity investment
 of up to US$ 110 million.
 
 2020
 - Business Standard Social Excellence Awards, 2019 - Socially Aware
 Corporate of the year for the scale and gender-inclusive work of its
 digital-literacy initiative in rural India, Digital Sakhi
 - The Asset Triple A Asia Infrastructure Awards 2020
 
 
 2022
 -L&T Financial Services Partners with the Mumbai press club for
 Redink Awards 2022.
 
 
 2023
 -L&T Finance launched Warehouse Receipt Financing.
 -L&T Finance launched customer-facing two-wheeler loan journey
 powered by PLANET app.