L & T Finance Limited, a amalgamated public limited company, was established on 22 November 1994 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65990MH1994PLC083147. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2,000.00 Cr and a paid-up capital of ₹238.42 Cr.
Its leadership includes Pradeep Vasudeo Bhide (Director), Rajani Rajiv Gupte (Director), Venugopalan Mannil (Director). Past directors included Rajagopalan, Ramamurthi Shankar Raman, Shailesh Vishnubhai Haribhakti. It holds no open charges and ₹20,778.74 Cr settled loans. Its latest AGM occurred on 15 June 2016, with the balance sheet filed on 31 March 2016. It is based at L&T House, Ballard Estate,, Mumbai, Maharashtra, 400001.
U65990MH1994PLC083147
083147
22 November 1994
₹2,000.00 Cr
₹238.42 Cr
Roc Mumbai
Unlisted
Amalgamated
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Vasudeo Bhide | Director | 25 Oct 2010 | Current |
| Rajani Rajiv Gupte | Director | 20 Mar 2015 | Current |
| Venugopalan Mannil | Director | 27 Sep 2013 | Current |
| Yeshwant Deosthalee Moreshwar | Director | 22 Nov 1994 | Current |
| Dinanath Mohandas Dubhashi | Director | 22 Jul 2013 | Current |
| Sunil Sudhir Prabhune | Manager | 21 Jan 2017 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Manager | 28 Nov 2008 | Past |
| Pramod Abcsdd | Director | 20 Jan 2015 | Past |
| Pramod Abcsdd | Additional Director | 24 Sep 2010 | Past |
| Pramod Abcsdd | Additional Director | 30 Jun 2011 | Past |
| Pramod Abcsdd | Additional Director | 06 Apr 2015 | Past |
| Pramod Abcsdd | Manager | 05 Aug 2011 | Past |
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L & T Finance Limited, for the financial year ended 2015, experienced modest growth in revenue, with a 6.72% increase. The company also saw a substantial improvement in profitability, with a 27.02% increase in profit. The company's net worth moved up by a moderate rise of 4.5%.
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In 2016, L & T Finance had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹207,787,411,201.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2014 | Idbi Trusteeship Services Limited | ₹30.00 Cr | Satisfied |
| 03 Nov 2014 | Idbi Trusteeship Services Limited | ₹200.00 Cr | Satisfied |
| 12 Sep 2014 | Federal Bank | ₹200.00 Cr | Satisfied |
| 15 Jul 2014 | Idbi Trusteeship Services Limited | ₹185.00 Cr | Satisfied |
| 13 Jun 2014 | Idbi Trusteeship Services Limited | ₹215.00 Cr | Satisfied |
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A charge registered on 12 Nov 2014 via Charge ID 10540114 with Idbi Trusteeship Services Limited was fully satisfied on 02 Feb 2017. was recorded as a recent event.
A charge registered on 30 May 2014 via Charge ID 10507394 with Idbi Trusteeship Services Limited was fully satisfied on 02 Feb 2017. was recorded as a recent event.
The activity A charge registered on 26 May 2014 via Charge ID 10506956 with Idbi Trusteeship Services Limited was fully satisfied on 02 Feb 2017. was completed.
Sunil Sudhir Prabhune was appointed as a Manager was appointed as a Manager on 21 Jan 2017 & has been associated with this company since 8 years 10 months . was recorded as a recent event.
A charge registered on 13 Jun 2014 via Charge ID 10509373 with Idbi Trusteeship Services Limited was fully satisfied on 26 Dec 2016. was recorded as a recent event.
The activity A charge registered on 12 Sep 2014 via Charge ID 10523189 with Federal Bank was fully satisfied on 01 Dec 2016. was completed.
Family Credit Ltd's name will be changed to L&T Finance Ltd after the merger.
L&T Finance Holdings: 28% increase in net profit, despite Rs 214 crore credit cost. Total income also up. Demonetisation affected collections, but gross NPA reduced to 4.85%. Loans and advances grew by 10%..
L&T Finance puts Rs200 crore into Total Environment project; Rajesh Lifespaces gets Rs130 crore from Motilal Oswal Real Estate.
The CIN of L & T Finance Limited is U65990MH1994PLC083147.
L & T Finance Limited is headquartered at L&T House, Ballard Estate,, Mumbai, Maharashtra, 400001.
L & T Finance Limited was incorporated on 22 November 1994.
The current directors of L & T Finance Limited are
The primary industry of L & T Finance Limited is Financial And Insurance Service.
L & T Finance Limited is unlisted.
The authorized capital of L & T Finance Limited is ₹2,000.00 Cr, and the paid-up capital is ₹238.42 Cr.
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