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

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Full Announcement

Larsen & Toubro Limited has informed the Exchange about Divestment of Nabha Power Limited

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PAM_25062026174025_IntimationNABHA250626.pdf

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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