Larsen & Toubro Ltd Transfers L&T SuFin Business to SuFin Limited for ₹42.9 Cr

Larsen & Toubro Ltd has completed the transfer of its e-commerce platform business pertaining to industrial and construction goods (L&T SuFin business) to SuFin Limited, its wholly owned subsidiary. The transfer was done on a going concern basis, via slump sale, for a total consideration of ₹42.9 Cr, subject to post-closing adjustments. This development is pursuant to the Business Transfer Agreement (BTA) executed on February 24, 2026.