SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

L&T’s arm executes SPA to sell stake in L&T South City Projects for Rs 190 crore

15 Mar 2017 Evaluate

Larsen & Tourbo’s (L&T) wholly-owned subsidiary - L&T Realty has executed a share purchase agreement (SPA) for selling its entire stake in L&T South City Projects to Pragnya group for Rs 190 crore. L&T Realty owns 51 percent stake in L&T South City Projects, which is engaged in the development of a 92-acre residential township at Siruseri, Chennai.

Pragnya group is an investment firm with a specific focus on fund management, property development and asset management.

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.


Larsen & Toubro Share Price

3973.60 -48.90 (-1.22%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×