"L&T Finance Limited issues Rated, Listed, Secured, Redeemable, Principal Protected Non-Convertible Market Linked Debentures (MLDs) that have features of debt.
Please review the relevant offer document / memorandum of private placement / pricing supplement relating to the specific MLDs for details on the MLDs including their risk factors.
As per the Guidelines for Issue and Listing of Structured Products / Market Linked Debentures dated September 28, 2011 (Guidelines) issued by the SEBI, L&T Finance Limited has appointed CARE Ratings Limited (CARE) as the third-party valuation agency for these MLDs.
The valuations provided by the CARE will be available at the following link:
The indicative valuation provided by the valuation agency is being provided in compliance with the Guidelines."