Subsidiary25 Jun 2026, 04:17 pm
Larsen & Toubro Incorporates Wholly Owned Step-Down Subsidiary
AI Summary
Larsen & Toubro Ltd announced the incorporation of LTA Data Centres Private Limited (LTADCPL) on June 20, 2026. LTADCPL is a wholly owned subsidiary of Vyoma.AI Limited, which is itself a wholly owned subsidiary of Larsen & Toubro. The new entity has an authorized capital of ₹1,00,000 and has commenced operations with a subscribed capital of the same amount, fully held by Vyoma.AI Limited and its nominee. LTADCPL is established to develop data centres and related technology services. The incorporation was completed via cash subscription and is not considered a related party transaction.
Key Highlights
- Larsen & Toubro forms new data centre subsidiary, LTADCPL.
- LTADCPL is a step-down wholly owned subsidiary via Vyoma.AI Limited.
- Initial investment of ₹1,00,000 subscribed in cash.
- Entity formed for data centre development and tech services.
- Operations yet to commence; not applicable for size/turnover.
Price Impact
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