NSEGeneral Updates27 Jun 2026 · 27 Jun 2026, 01:02 pm
General Updates
L&T Finance Limited · LTF
✦ AI SummaryRegulatory
L&T Finance Limited has informed the Exchange about a request for reclassification of Nabha Power Limited's name from the 'Promoter Group' category to the 'Public' category, following the transfer of 100% equity and convertible instruments from Larsen & Toubro Limited's subsidiary to Torrent Power Limited.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
L&T Finance Limited has informed the Exchange about Disclosure under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Request for reclassification received from Nabha Power Limited
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INTERNAL
June 27, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Corporate Relations Department,
Plot No. C/1, G Block, 1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East), P. J. Towers, Dalal Street,
Mumbai - 400 051. Mumbai - 400 001.
Symbol: LTF Security Code No.: 533519
Kind Attn: Head – Listing Department / Dept. of Corporate Communications
Sub: Disclosure under Regulation 31A of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Request for re-
classification received from Nabha Power Limited
Dear Sir / Ma’am,
Pursuant to Regulation 31A of the SEBI Listing Regulations and other applicable regulations/
circulars, if any, we wish to inform you that the Company has received a letter dated June 26,
2026 at 7:36 p.m. on the same day (“Letter”) with respect to Nabha Power Limited
[shareholding in the Company – nil] (“NPL”) seeking re-classification of its name from the
‘Promoter Group’ category to the ‘Public’ category of the Company.
The request has been made consequent to the cessation of NPL as a subsidiary of L&T Power
Development Limited (“L&T PDL”), a wholly owned subsidiary of Larsen & Toubro Limited, the
parent company, pursuant to the transfer of 100% equity and convertible instruments held by
L&T PDL in NPL to Torrent Power Limited.
The Letter confirms that NPL fulfils and shall continue to fulfil the conditions set out under
Regulation 31A of the SEBI Listing Regulations.
The aforesaid request will be placed before the Board of Directors of the Company at its
ensuing meeting for consideration.
We request you to take the aforesaid on records.
Thanking you,
Yours faithfully,
For L&T Finance Limited
Apurva Rathod
Company Secretary and Compliance Officer