Subsidiary21 Jun 2026, 09:30 am
L&T Subsidiary Incorporates New Step-Down Subsidiary
AI Summary
Larsen & Toubro Ltd (L&T) announced the incorporation of LTN Compute Private Limited (LTNCPL) on June 20, 2026. LTNCPL is a wholly owned subsidiary of Vyoma.AI Limited, which is itself a wholly owned subsidiary of L&T. The new entity has an authorized and subscribed capital of ₹1,00,000, fully subscribed by Vyoma.AI Limited and its nominee. LTNCPL is established to build AI compute infrastructure and provide technology-enabled services, though it has not yet commenced business operations. The incorporation is a step towards L&T's strategic initiatives in the AI domain.
Key Highlights
- L&T's subsidiary Vyoma.AI Limited incorporated LTN Compute Private Limited.
- LTNCPL will focus on AI compute infrastructure and tech services.
- Initial capital subscribed is ₹1,00,000.
- The new entity is yet to commence business operations.
- This move supports L&T's strategic expansion in AI.
Price Impact
More from LT