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L&T to divest 100% stake in L&T Infrastructure Engineering

03 Nov 2023 Evaluate

Larsen & Toubro (L&T) is all set to divest its 100% stake in L&T Infrastructure Engineering (LTIEL), a provider of standalone engineering consultancy services for the infrastructure sector in India. The stake has been acquired by STUP Consultants, a subsidiary of Assystem SA of France. This transaction aligns with Larsen & Toubro’s commitment to focus on its core businesses and assets. The transaction is currently pending completion of customary closing conditions and is expected to be concluded before January 15, 2024.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.


Larsen & Toubro Share Price

4045.00 -5.00 (-0.12%)
07-Aug-2026 16:59 View Price Chart
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Company Name CMP
Larsen & Toubro 4045.00
Kalpataru Projects 1316.40
Rail Vikas Nigam 234.00
KEC International 479.20
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