Divestment1 Sept 2026, 08:50 pm
L&T Technology Services Completes Sale of SWC Business Unit
AI Summary
L&T Technology Services Limited (LTTS) has announced the completion of the sale of its Smart World and Communication Business Unit (SWC Unit) to AMI Paradigm Solutions Private Limited. This transaction, finalized today, follows the Business Transfer Agreement (BTA) executed on March 25, 2026. The SWC Unit has now been officially transferred to AMI Paradigm Solutions Private Limited, marking a significant divestment for LTTS.
Key Highlights
- LTTS has completed the sale of its Smart World and Communication Business Unit.
- The buyer is AMI Paradigm Solutions Private Limited.
- The transaction was completed as per the Business Transfer Agreement.
- The SWC Unit is now officially transferred to the buyer.
Price Impact
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