Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3933.45
1.00 (0.03%)
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L&T seeks shareholders’ nod to raise up to $600 million

Date: 06-08-2015

Larsen & Toubro (L&T), the engineering and construction giant, has sought shareholders' nod to raise up to $600 million amounting about Rs 3,600 crore through issue of securities to meet capital requirement of growing business. The company will issue and allot in one or more tranches securities to investors whether Indian or Foreign which shall not exceed Rs 3,600 crore.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.