Larsen & Toubro Limited subsidiary L&T Realty acquires 100% stake in IGSL
Larsen & Toubro · Construction
Key highlights
- L&T Realty Properties Limited acquired 100% equity stake (58,23,425 shares) in International Green Scapes Limited (IGSL) for ₹1,123 crore in cash.
- IGSL is a real estate company incorporated on 22nd November 1993, with no turnover reported for FY 22-23, FY 23-24, and FY 24-25.
- Acquisition executed on 10th April 2026 with completion expected by 15th April 2026; no related party interest or regulatory approvals required.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.