Larsen & Toubro Approves Merger, Declares Unaudited Q1 FY27 Results

Larsen & Toubro Limited's Board of Directors met on July 28, 2026, approving the consolidated and standalone unaudited financial results for the quarter ended June 30, 2026. The board also approved a Scheme of Amalgamation for the merger of its wholly-owned subsidiary, L&T Power Development Limited, with the company. This merger is subject to approvals from the National Company Law Tribunal (NCLT). The company stated that it did not raise any funds during the quarter, making certain SEBI reporting requirements inapplicable. The meeting commenced at 2:00 p.m. and concluded at 4:45 p.m.