Larsen & Toubro Ltd.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Larsen & Toubro has informed that the company has entered into a Share Purchase Agreement (Agreement) to transfer its entire shareholding in L&T Infrastructure Development Projects (L&T IDPL) alongwith its subsidiaries (more particularly described in Annexure A) on December 16, 2022. On completion of the sale under the Agreement, L&T Infrastructure Development Projects Limited alongwith its subsidiaries shall cease to be subsidiary companies of L&T. LTIDPL is a joint venture between Larsen & Toubro and Canada Pension Plan Investment Board (CPP Investments) holding 51% and 49% shares respectively. The company has enclosed the details of the aforesaid transaction.

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