L&T Finance is incorporated
L&T Finance commences business with focus on offering lease, hire purchase solutions for SMEs

L&T Finance starts financing of rural assets – tractors and farm equipments

L&T Infra is incorporated in 2006 and received its certificate of registration from the RBI in 2007
L&T Finance starts financing of commercial vehicles

L&T Finance makes foray into Microfinance
L&T Finance commences distribution of financial products
L&T Finance starts financing of capital market products

L&T Finance taps retail sources to raise funds for the first time – successful back to back NCD issuances

L&T Finance acquires DBS Cholamandalam Asset Management Limited and DBS Cholamandalam Trustees Limited, foraying into mutual funds business L&T Infra receives 'Infrastructure Finance Company' status from RBI L&T Infra closes a public issue of long term infrastructure bonds

L&T Infra closes a second public issue of long term infrastructure bonds
L&T Infra is notified as a PFI under Section 4A of the Companies Act by Government of India.
L&T Finance Holdings successfully completes its IPO, becoming the first subsidiary of L&T to be listed.