Larsen & Toubro Extends Deadline for Disposal of Stake in L&T Metro Rail (Hyderabad) Limited

Larsen & Toubro Extends Deadline for Disposal of Stake in L&T Metro Rail (Hyderabad) Limited

Larsen & Toubro Extends Deadline for Disposal of Stake in L&T Metro Rail (Hyderabad) Limited​

Larsen & Toubro Limited has announced a revision to the timeline concerning the disposal of its stake in L&T Metro Rail (Hyderabad) Limited. The company confirmed that the estimated completion date for this transaction has been extended.

The revised deadline for the said transaction is September 30, 2026.

Larsen & Toubro stated that while the completion date was adjusted, all other terms and conditions pertaining to the disposal of the stake in L&T Metro Rail (Hyderabad) Limited remain unchanged.

LT Stock Price Movement​

Shares of Larsen & Toubro Limited shed 1.24% on Wednesday, settling at ₹4092.60 after closing down ₹51.40 from the previous session's close. The stock traded within a range throughout the day, with the shares dipping to a low of ₹4081.10.
 

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