Larsen & Toubro Limited has extended the completion timeline for the disposal of its stake in L&T Metro Rail (Hyderabad) Limited. The estimated completion date is now December 31, 2026.
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.
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 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 received the NCLT certified copy for a Scheme of Arrangement with L&T Realty Properties Limited. The company will now convene a shareholders' meeting.