SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Larsen & Toubro informs about clarification on media news

30 Jul 2024 Evaluate

With reference to the news item published/broadcasted in mainstream media on July 29, 2024, titled ‘L&T Realty, Valor Estate to co-develop Rs.20k Cr project in Mumbai's BKC’. Pursuant to Regulation 30(11) of the SEBI Listing Regulations, Larsen & Toubro has clarified that L&T Parel Project, a wholly owned subsidiary of the Company in real estate development business, in the ordinary course of its business has signed a Memorandum of Agreement with Valor Estate to develop real estate project in Mumbai. Definitive agreement will be signed subject to satisfactory completion of due diligence and fulfilment of conditions precedent. The company also confirmed that till date the Company has not issued any media release in this regard.

The above information is a part of company’s filings submitted to BSE.

Larsen & Toubro Share Price

4094.95 -22.40 (-0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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:

×