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BRIEF-India's L&T Finance says plans to issue debentures of 1.50 bln rupees

Oct 12 (Reuters) - L&T Finance Ltd :

* Says plans to issue non- convertible debentures of 1.50 billion rupees on

private placement basis * Source text:

L&T Finance Ltd - Secured Redeemable Non-Convertible Debentures (2010 A Series) has informed BSE that the Company intends to issue Secured, Redeemable, Non- Convertible Debentures of Rs. 150 crores on private placement basis.

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