Larsen & Toubro Ltd receives NSE and BSE observation letters for scheme of arrangement
Larsen & Toubro · Construction
Key highlights
- NSE issued a No Objection Certificate dated March 19, 2026, valid for six months for filing scheme with NCLT
- Scheme involves slump sale of L&T Realty undertaking from Larsen & Toubro Ltd to L&T Realty Properties Ltd
- NSE mandated disclosures include financials not older than 6 months, pre/post shareholding details, revenue, PAT, EBITDA for last three years, and risks associated with slump sale
Why it's rated notable: The filing states no value for the slump sale of the realty undertaking, and the no-objection letters remain subject to NCLT approval and shareholder vote, so the level stays at medium and binding is false.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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
- Strong growth1
- Strong growth3
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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.