Larsen & Toubro Limited — Others, 06-02-2025: Shareholders meeting

Larsen & Toubro Limited has announced a board meeting to seek shareholder approval via postal ballot for entering into material related party transactions with its subsidiaries, specifically L&T-MHI Power Boilers Private Limited and L&T-MHI Power Turbine Generators Private Limited. The proposed transactions are valued at ₹6,800 crore and ₹2,600 crore, respectively. This strategic move aims to bolster ongoing operations and project execution capabilities, particularly for upcoming NTPC projects. With a focus on enhancing operational efficiency, this could foster positive investor sentiment, emphasizing the company’s robust contracting methodologies. Interested shareholders are invited to participate in the e-voting process from February 9 to March 10, 2025.