L&T Finance Limited announced that with reference to its letter dated September 21, 2015 and pursuant to Regulation 30 read with Schedule III of the Listing Regulations and other applicable regulations, if any. The investment agreement dated September 21, 2015 ("Investment Agreement") entered into between BC Asia Growth Investments, BC Investments VI Limited (collectively referred to as "Bain Capital") and the Company in relation to the acquisition of shares (directly or indirectly) by Bain Capital and the rights of Bain Capital in the Company, stands terminated effective June 13, 2024 in accordance with the terms of the Investment Agreement. In view of the aforesaid and in accordance with the terms of the Investment Agreement, Mr. Pavninder Singh ceases to be a Director (Nominee Director) on the Board of the Company effective June 13, 2024.