Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has entered into a Share Purchase agreement to transfer its entire shareholding in L&T Infrastructure Development Projects (LTIDPL) alongwith its subsidiaries on December 16, 2022. On completion of the sale under the agreement, L&T Infrastructure Development Projects 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.

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