NSEGeneral Updates25 Jun 2026 · 25 Jun 2026, 05:41 pm
General Updates
Larsen & Toubro Limited · LT
✦ AI SummaryDivestiture
Larsen & Toubro Limited has completed the divestment of 100% equity and convertible instruments in Nabha Power Limited to Torrent Power Limited, receiving ₹ 3,632.35 crores in consideration.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Larsen & Toubro Limited has informed the Exchange about Divestment of Nabha Power Limited
Attachments (1)
📄pdf
Download →
PAM_25062026174025_IntimationNABHA250626.pdf
View document text
Larsen & Toubro Limited
e LARSEN & TOUBRO Secretarial Department
L&T House, Ballard Estate
Narottam Morarjee Marg
Mumbai - 400 001, INDIA
Tel: +91 22 6752 5656
Fax: +91 22 6752 5858
www.Larsentoubro.com
Email: igrc@larsentoubro.com
CIN:L99999MH1946PLC004768
SEC/2026 June 25, 2026
BSE Limited National Stock Exchange Of India Limited
Phiroze Jejeebhoy Towers, Exchange Plaza, 5th Floor
Dalal Street, Plot No.C/1, G Block
MUMBAI - 400 001 Bandra-Kurla Complex
STOCK CODE: 500510 Bandra (E), Mumbai - 400 051
STOCK CODE: LT
Dear Sirs/Madam,
Sub: Divestment of Nabha Power Limited
Further to our earlier intimation dated February 16, 2026 regarding execution of a Securities
Purchase Agreement between L&T Power Development Limited (“L&T PDL”), a wholly owned
subsidiary of the Company, Nabha Power Limited (“NPL”), a wholly owned subsidiary of L&T
PDL and Torrent Power Limited (“Torrent”), for divestment of 100% of the equity and
convertible instruments held by L&T PDL in NPL, we wish to inform you that the said
divestment has been completed today. Pursuant to the closing of the transaction, L&T PDL has
received a consideration of ₹ 3,632.35 crores (consequent to adjustments at closing).
L&T PDL, however, would continue to hold 2,32,50,00,000, 0.1% Non-Convertible Redeemable
Preference Shares in NPL, recorded in the books of accounts of Nabha Power Limited at a value
of ₹ 157.92 crores as on March 31, 2026.
Consequently, NPL has ceased to be a subsidiary of L&T PDL and the Company effective today.
You are requested to take the above on record.
Thanking You
Yours sincerely,
For Larsen & Toubro Limited
Subramanian Narayan
Company Secretary & Compliance Officer
(ACS 16354)
An ISO 9001:2015 Certified Department