Execution of Business Transfer Agreement with Vyoma.AI Limited (Vyoma), Wholly owned Subsidiary of the Company and execution of Share Purchase Agreement towards sale of entire stake held ....

Larsen & Toubro Limited Secretarial Department LARSEN & TOUBRO 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 August 11, 2026 BSE Limited National Stock Exchange Of India Limited Phiroze Jejeebhoy Towers, Exchange Plaza, 5th Floor Plot No.C/1, G Block, Dalal Street, MUMBAI - 400 001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 STOCK CODE: 500510 STOCK CODE: LT Dear Sir/Madam, Sub: Execution of Business Transfer Agreement with Vyoma.AI Limited (Vyoma), Wholly owned Subsidiary of the Company and execution of Share Purchase Agreement towards sale of entire stake held in L&T Network Services Private Limited to Vyoma Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we wish to inform you the following: 1. The Company (the “Company”) has today executed a Business Transfer Agreement (“BTA”) with Vyoma.AI Limited (“Vyoma”), a wholly owned subsidiary of the Company, for transfer of Company’s Data Center and Cloud Services Business (“DC Business”), on a going concern basis, through slump sale, to Vyoma for an aggregate consideration of ₹1,400 crore, subject to closing adjustments, to be discharged by issue of fully paid equity shares of Vyoma; and 2. the Company, Vyoma and L&T Network Services Private Limited (“LTNSPL”), a wholly owned subsidiary of the Company, have today executed a Share Purchase Agreement (SPA), pursuant to which, 100% of the equity held by the Company in LTNSPL would be divested to Vyoma, for a consideration of ₹30 crore, subject to closing adjustments, to be discharged by issue of fully paid equity shares of Vyoma. Upon closing, LTNSPL would become a direct wholly owned subsidiary of Vyoma and indirect wholly owned subsidiary of the Company. The closing of the above transactions are subject to fulfilment of closing conditions as agreed in the BTA and SPA. The detailed disclosures for the above as required to be furnished pursuant to the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed in the Annexure A and B. We request you to kindly take the above on record. Thanking you, Yours sincerely For LARSEN & TOUBRO LIMITED SUBRAMANIAN NARAYAN COMPANY SECRETARY & COMPLIANCE OFFICER M. No. A16354 Encl. as above An ISO 9001:2015 Certified Department Larsen & Toubro Limited Secretarial Department LARSEN & TOUBRO 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 Annexure A Transfer of the DataCenter Business to Vyoma Sr. Particulars Details (a) Amount and percentage of the turnover or revenue or income and net worth Name Revenue from % of L&T’s total contributed by such unit or division or operations Revenue undertaking or subsidiary or associate (standalone) for (standalone) for company of the listed entity during the FY 2025-26 (₹ FY 2025-26 last financial year Crore) DataCenter 36.6 0.025% Business Name Net worth for % of L&T’s total FY 2025-26 Networth (₹ Crore) (standalone) for FY 2025-26 DataCenter 1,142 1.565% Business (b) Date on which the agreement for sale August 11, 2026 has been entered into; (c) Expected date of completion of On or before October 31, 2026 sale/disposal; (d) Consideration received from such Consideration estimated to be ₹1,400 crore, subject to closing sale/disposal; adjustments. The consideration for the aforesaid transfer shall be discharged by Vyoma through issuance and allotment of fully paid up equity shares of face value of ₹100 each to the Company, based on the valuation determined by an independent valuer. (e) Brief details of buyers and whether any Vyoma.AI Limited is a Wholly owned Subsidiary of the Company. of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof; (f) Whether the transaction would fall Yes, it is a related party transaction, and the transaction is being within related party transactions? If yes, carried out at arms’ length. whether the same is done at “arm’s length”; (g) whether the sale, lease or disposal of the The proposed transaction is undertaken by way of a slump sale undertaking is outside Scheme of through a Business Transfer Agreement and is outside Scheme of Arrangement? If yes, details of the same Arrangement. including compliance with regulation Vyoma does not meet the threshold requirements for an 37A of LODR Regulations. “Undertaking” in terms of Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A of SEBI LODR Regulations. An ISO 9001:201S Certified Department Larsen & Toubro Limited Secretarial Department LARSEN & TOUBRO 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 Sr. Particulars Details (h) Additional disclosures towards the slump sale. (1) Name of the entity(ies) forming part of the amalgamation/ merger/ Name Revenue % of total Networth Transaction, details in brief such as, size, from Revenue (standalone) turnover etc.; operations (standalone) for FY 2025- (standalone) for FY 2025-26 26 (₹ Crore) for FY 2025- 26 (₹ Crore) Larsen & 1,53,680.17 100% 72,930.98 Toubro Limited Vyoma.AI Nil Nil Nil Limited* * Incorporated on April 22, 2026 (2) Whether the transaction would fall Refer point (f) above within related party transactions? If yes, whether the same is done at “arm’s length”; (3) Area of business of the entity(ies); Vyoma.AI Limited – A newly incorporated public limited company established for the purpose of establishing data centres for providing Infrastructure and Technology enabled Services. Larsen & Toubro Limited – The Company is a diversified industrial conglomerate carrying the business of construction, engineering, manufacturing, technology, global infrastructure and industrial machinery and products, addressing critical needs in key sectors of the economy like infrastructure, precision engineering, hydrocarbon, heavy engineering, energy, ship building, aerospace, mining and minerals. (4) Rationale for amalgamation/ merger; Not Applicable (5) In case of cash consideration – amount Refer point (d) above. or otherwise share exchange ratio; and (6) Brief details of change in shareholding Nil pattern (if any) of listed entity. An ISO 9001:2015 Certified Department Larsen & Toubro Limited Secretarial Department LARSEN & TOUBRO 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 Annexure B Divestment of stake held in LTNSPL by the Company to Vyoma Sr. No. Particulars Details 1. The amount and percentage of The Turnover and Net worth of L&T Network Services Private Limited the turnover or revenue or (LTNSPL) as on March 31, 2026 is as under: income and net worth contributed by such unit or Amount in ₹ crores % to L&T Consolidated division or undertaking or as on March 31, 2026 subsidiary or associate company Turnover 1.86 0.001% of the listed entity during the last Networth 18.31 0.025% financial year 2. Date on which the agreement August 11, 2026 for sale has been entered into 3. The expected date of The expected date for completion of the sale of LTNSPL is on or before completion of sale/disposal October 31, 2026 4. Consideration received from An amount of ₹30 crore shall be discharged by Vyoma.AI Limited such sale/disposal through issuance and allotment of fully paid up equity shares of face value of ₹100 each to the Company upon completion of the transaction, subject to closing adjustments. 5. Brief details of buyers and Vyoma.AI Limited is a wholly owned subsidiary [Showing first 8,000 characters — download PDF for full document]