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Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets.
Larsen & Toubro Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "L&T Becomes India s First Private Sector Corporate to Issue Tokenised Bond".
Larsen & Toubro's scheme of arrangement with L&T Realty Properties has been admitted by the NCLT. A hearing for the scheme's final sanction is scheduled, moving forward this corporate restructuring.
L&T is transferring its Data Center business (valued at ₹1,400 Cr) and L&T Network Services (₹30 Cr) to its wholly-owned subsidiary, Vyoma.AI. This internal restructuring aims to streamline and consolidate operations, with L&T receiving Vyoma shares as consideration.
Larsen & Toubro received an independent ESG score of 62, categorized 'Adequate' by NSE Ratings (up from 59). This assessment, based on public data, highlights improved sustainability metrics without direct company engagement.
L&T shareholders approved moving the Realty business to its wholly-owned subsidiary. This ₹6,300 Cr transfer aims to boost focus & growth for the unit, which logged ₹10,000 Cr pre-sales last year. No dilution for L&T investors.