Larsen & Toubro Ltd (LT)
Execution of Business Transfer Agreement with Vyoma.AI Limited (Vyoma), Wholly owned Subsidiary of the Company and execution of Share Purchase Agreement towards sale of entire stake held ....
Execution of Business Transfer Agreement to transfer Data Center and Cloud Services Business to Vyoma.AI Limited for ₹1,400 crore via slump sale, paid in Vyoma equity shares. Share Purchase Agreement executed to divest 100% stake in L&T Network Services Private Limited to Vyoma for ₹30 crore, also paid in Vyoma shares. Both transactions are related party, at arm's length, expected to complete by October 31, 2026.
Source: Original filing PDF
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🚨 LT — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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