Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3836.10
-31.30 (-0.81%)
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Larsen & Toubro informs about update on sale of equity stake

Date: 11-04-2024

Further to its intimation dated December 17, 2022, Larsen & Toubro has informed that the Company has completed the sale of its entire equity stake in L&T Infrastructure Development Projects (‘L&T IDPL’) to Epic Concesiones, on 10th April 2024, consequent to completion of customary conditions precedent agreed under the Share Purchase Agreement dated December 16, 2022 and as amended thereafter. Consequently, L&T IDPL and its subsidiaries (details given in Annexure A) have ceased to be subsidiaries of the Company.

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