Larsen & Toubro Ltd.

Larsen & Toubro has informed that the Company, L&T Power Development (L&T PDL), a wholly owned subsidiary of the Company, Nabha Power (NPL), a wholly owned subsidiary of L&T PDL and Torrent Power Limited (Torrent) have today executed a Securities Purchase Agreement (SPA), pursuant to which, 100% of the equity and convertible instruments held by L&T PDL in NPL would be divested to Torrent (the Transaction). The closing of the Transaction is subject to fulfilment of closing conditions as agreed in the SPA. Consequent to closing of the Transaction, NPL would cease to be a wholly owned subsidiary of L&T. The detailed disclosure as required to be furnished pursuant to the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed in the Annexure.

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