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Larsen & Toubro (L&T) has entered into a definitive Share Purchase Agreement (SPA) with V G Siddhartha and his related entities namely, Coffee Day Trading & Coffee Day Enterprises, to acquire 20.32% stake in Mindtree, a global technology services and digital transformation company. L&T will purchase this stake at a price of Rs 980 per share, aggregating to approximately Rs 32.69 billion.

The acquisition is subject to inter alia receipt of necessary regulatory approvals and satisfaction of other conditions as specified in the offer documents. The company has sufficient financial flexibility to fund the entire transaction through its existing financial resources.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Larsen & Toubro Share Price

4100.20 87.55 (2.18%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4100.20
Rail Vikas Nigam 296.45
NCC 166.15
KEC International 579.50
Kalpataru Projects 1292.65
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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.

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