Mumbai, June 23 -- Infra and technology company Larsen & Toubro (L&T) has listed India's first ESG bonds on the National Stock Exchange (NSE), setting a precedent for a greener and more sustainable financial future in India.

In a statement, the company said it has successfully raised Rs 500 crore through Non-Convertible Debentures (NCD) at a coupon rate of 6.35 per cent under the Securities and Exchange Board of India's (SEBI) newly introduced ESG (Environment, Social and Governance) and sustainability-linked bond framework.

The NCDs, having a three-year maturity period, will mature on June 19, 2028, and the interest would be paid on an annual basis.

"Issued in partnership with HSBC, who served as the sole lead arranger, this landmark ...