ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
11 announcements with these filters
The NCLT Mumbai Bench admitted a joint petition for a Scheme of Arrangement between Larsen & Toubro and L&T Realty Properties. A hearing is scheduled for October 6, 2026.
Larsen and Toubro will sell its stake in L&T Network Services to subsidiary Vyoma.AI Limited for Rs. 30 Crore in an equity-based transaction.
L&T will transfer its Data Center business to its wholly-owned subsidiary, Vyoma.AI Limited, via a slump sale for an estimated consideration of Rs. 1,400 Crore.
L&T will transfer its Data Center business for ₹1,400 crore and divest its stake in L&T Network Services for ₹30 crore to its subsidiary, Vyoma.AI.
L&T has initiated the merger of its subsidiary, L&T Power Development Limited, into itself. This reorganization aims to simplify group structure and streamline administrative operations.
L&T PDL completed the divestment of Nabha Power Limited to Torrent Power. The transaction yielded a consideration of ₹3,632.35 crore.
L&T received the NCLT certified copy for a Scheme of Arrangement with L&T Realty Properties Limited. The company will now convene a shareholders' meeting.
Larsen & Toubro (L&T) has signed an agreement to divest its 100% stake in L&T Metro Rail (Hyderabad) Limited to Hyderabad Metro Rail Limited (HMRL). The move aligns with L&T’s strategy to exit non-core development projects and unlock capital for its engineering and technology businesses. HMRL plans to further expand the 69 km metro network.
Larsen & Toubro Limited has entered an agreement to sell its subsidiary, L&T Metro Rail (Hyderabad) Limited, to Hyderabad Metro Rail Limited for ₹1,461.47 Crore. The transaction, expected to close by June 30, 2026, will also release L&T from existing corporate guarantees and letters of comfort upon debt refinancing by the buyer.
Larsen & Toubro is divesting its entire stake in L&T Metro Rail (Hyderabad) Limited to Hyderabad Metro Rail Limited for ₹1,461.47 Crore. The transaction, expected to close by June 30, 2026, will result in the entity ceasing to be an L&T subsidiary.
Larsen & Toubro Limited incorporated a wholly owned subsidiary, Vyoma.AI Limited (VAL), on April 22, 2026. VAL has a subscribed capital of ₹0.05 Crore and will focus on establishing data centres and AI infrastructure. This move expands L&T's footprint into technology-enabled infrastructure services.