Divestment1 Jul 2026, 06:40 pm
L&T Metro Rail (Hyderabad) Stake Disposal Timeline Extended to Sep 30
AI Summary
Larsen & Toubro Ltd has announced an extension for the completion of its stake disposal in L&T Metro Rail (Hyderabad) Limited. The original completion date was not specified, but the company's previous intimation was on April 29, 2026. The new estimated completion date is now September 30, 2026. All other terms and conditions of the transaction remain unchanged. This update pertains to the ongoing divestment process of L&T's stake in its Hyderabad metro subsidiary.
Key Highlights
- L&T's stake disposal in L&T Metro Rail (Hyderabad) is delayed.
- Completion timeline extended to September 30, 2026.
- All other transaction terms and conditions remain the same.
- This is an update on an ongoing divestment process.
Price Impact
More from LT