L&T rises on becoming India's first private sector corporate to raise Rs 500 crore via tokenised bonds
Larsen & Toubro is currently trading at Rs. 3933.80, up by 10.00 points or 0.25% from its previous closing of Rs. 3925.00 on the BSE.
The scrip opened at Rs. 3942.10 and has touched a high and low of Rs. 3965.00 and Rs. 3911.00 respectively. So far 42269 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4440.00 on 24-Feb-2026 and a 52 week low of Rs. 3288.65 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 4,020.90 and Rs. 3,911.00 respectively. The current market cap of the company is Rs. 540508.99 crore.
The Institutions and Non-Institutions held 62.39% and 37.60% stake in the company respectively.
Larsen & Toubro (L&T) has become the first private sector corporate in India to raise Rs 500 crore through tokenised bonds with a 3-year tenure, under the Securities and Exchange Board of India’s (SEBI) newly introduced blockchain-based tokenisation framework.
SEBI’s pioneering initiative enables the tokenisation of corporate bonds using Distributed Ledger Technology (DLT), marking a significant step towards the digital transformation of India’s corporate bond market. The framework is aimed at enhancing transparency, efficiency and digitalisation, while facilitating wider participation and potentially improving liquidity in the corporate bond market.
The bond issuance and related processes leverage DLT-based infrastructure, with settlement of funds facilitated through a Central Bank Digital Currency (CBDC) wallet. The integration of tokenised securities with CBDC-based settlement infrastructure represents an important advancement towards more seamless, secure and efficient digital capital-market transactions.
The transaction represents an important milestone in L&T’s continued adoption of technology-led solutions in its capital-raising and treasury operations. The use of DLT is expected to enable a more streamlined and transparent framework for recording and managing bond transactions, while supporting the evolution of India’s corporate debt market.
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