Larsen & Toubro Transfers L&T SuFin Business to Subsidiary
Larsen & Toubro Ltd. has completed the transfer of its industrial and construction goods e-commerce platform, known as the L&T SuFin business, to its wholly-owned subsidiary, SuFin Limited. The transfer was executed via a slump sale on March 31, 2026, as per a Business Transfer Agreement signed on February 24, 2026.The total consideration for the transfer amounted to ₹ 42.9 Cr, subject to potential post-closing adjustments. This transaction involves the transfer of the L&T SuFin business on an ongoing concern basis.
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