L&T Finance Holdings Ltd. (LTFH) mentioned it had acquired approval from the Registrar of Companies (ROC) to change its name to L&T Finance Ltd. (LTF).
The change is efficient from March 28, it mentioned.
Sudipta Roy, Managing Director & CEO, LTF mentioned, “Subsequent to the merger effective December 4, 2023, this rebranding initiative reflects our commitment towards creation of the simplified ‘Single Lending Entity’, housing all lending businesses under one operating NBFC.”
“LTF will continue to provide best-in-class products and services across line of businesses, upholding highest standards and while our name has changed, our core values, dedication to quality, and our commitment to exceed customer expectations remain unchanged. To us the name change simply signifies a renewed focus on delivering value to our customers and driving sustainable growth.”
Apurva Rathod, Company Secretary & Chief Sustainability Officer, LTF mentioned in 2023, the corporate had accomplished the merger of its subsidiaries, particularly L&T Finance Ltd., L&T Infra Credit Ltd., and L&T Mutual Fund Trustee Ltd., with itself.
And to adjust to regulatory necessities following the merger, the Certificates of Registration of L&T Finance Ltd., and L&T Infra Credit Ltd., had been surrendered to the Reserve Bank of India and the method of name change was initiated, he added.