Further to its intimation dated May 20, 2021, Larsen & Toubro has informed that the Company has consummated the transfer of its digital transformation business undertaking, incubated and conducted as L&T-NxT (NxT Digital Business) to Mindtree, a listed subsidiary company. The transfer is effective from July 1, 2021, consequent to completion of customary conditions precedent, agreed under the Business Transfer Agreement dated May 20, 2021, between the Company and Mindtree.
The above information is a part of company’s filings submitted to BSE.
