Neeraj Swaroop, Regional CEO (India & South Asia) of Standard Chartered Bank and Y M Deosthalee, Whole-Time Director & Chief Financial Officer-Larsen & Toubro Ltd during the press conference announce NCD (Non-Convertible Debentures) issue with various investment option and yield on redemption of up to 10.5 per cent opens for subscription for public from 18 August and closes on 04 September 2009, in Mumbai on Monday, 17 August 2009. The NCD Issue aggregates to Rs. 500 crore, with an option to retain over-subscription up to Rs. 500 crore for issuance of additional NCDs, aggregating upto a total of Rs. 1,000 crore.

Photographer: Sachin Kadvekar

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