Business Update31 Oct 2026, 01:00 pm
L&T Extends Timeline for Sale of L&T Network Services Stake
AI Summary
Larsen & Toubro Ltd has announced an extension for the completion of the sale of its entire stake in L&T Network Services Private Limited to its wholly-owned subsidiary, Vyoma.AI Limited. The original transaction was disclosed on August 11, 2026. The estimated completion date has now been revised and is expected to close by the end of the current financial year, March 31, 2027. All other terms and conditions of the Business Transfer Agreement and Share Purchase Agreement remain unchanged.
Key Highlights
- Sale of L&T Network Services stake to subsidiary Vyoma.AI extended.
- Completion date revised to March 31, 2027.
- All other transaction terms remain unchanged.
- Original disclosure made on August 11, 2026.
Price Impact
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