Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3870.15
-63.30 (-1.61%)
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Larsen & Toubro’s arm inks pact to acquire 6.35% stake in Help Lightning INC

Date: 19-05-2021

Larsen & Toubro’s (L&T's) wholly owned subsidiary -- Larsen & Toubro International FZE (LTIFZE) has entered into a Share Purchase Agreement to purchase, 6.35% stake in Help Lightning INC., a Delaware Corporation. The acquisition helps businesses carry out processes more efficiently without the need for experts to travel to sites. Also, extremely useful in minimizing disruptions caused by the Pandemic.  

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