BSECompany Update5h ago · 20 Aug 2026, 10:03 am

L&T Wins (Large) Order for Automated People Mover System at Dubai''s AI Maktoum Airport

Larsen & Toubro Ltd · 500510

✦ AI Summary▲ PositiveOrder Win

Larsen & Toubro Ltd has secured a large order to design and build the Automated People Mover (APM) System for Phase 1 of Al Maktoum International Airport in Dubai. The project is a key component of the airport's long-term expansion programme, and once fully developed, it will become the world's largest airport, with a capacity of 260 million passengers and 12 million tonnes of freight annually.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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Larsen & Toubro Ltd - 500510 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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Larsen & Toubro Limited 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 August 20, 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 Sir's, Sub: L&T Wins (Large*) Order for Automated People Mover System at Dubai’s Al Maktoum Airport: We enclose herewith a copy of Press Release that is being issued by the Company today, in connection with the above We request you to take note of the same. Thanking You, Yours sincerely, For Larsen & Toubro Limited Subramanian Narayan Company Secretary & Compliance Officer (M. No. – A16354) Encl: as above L&T Wins (Large*) Order for Automated People Mover System at Dubai’s Al Maktoum Airport Mumbai, August 20, 2026: The Transportation Infrastructure business vertical of L&T, in consortium with Japan’s Mitsubishi Heavy Industries (MHI), has secured a large order to design and build the Automated People Mover (APM) System for Phase 1 of Al Maktoum International Airport in Dubai. The project, developed by Dubai Aviation City Corporation and being implemented through Dubai Aviation Engineering Projects, is a key component of the airport's long-term expansion programme designed as a multi-phase development. Once fully developed, Al Maktoum International Airport will become the world's largest airport, with a capacity of 260 million passengers and 12 million tonnes of freight annually. The scope of work for the MHI-L&T consortium encompasses the turnkey delivery of a fully integrated APM System, encompassing design, construction, supply, testing, commissioning and operational readiness of all associated infrastructure and systems. Under the Design-and-Build contract, L&T will undertake the design, procurement, delivery and integration of critical APM infrastructure and systems, including guideways, DC traction substations, power distribution, signalling and telecommunications, onboard communication systems for vehicles, platform screen doors and depot equipment. Commenting on this, Ramkumar S, Executive Vice President & Head – Transportation Infrastructure, L&T, said: “With challenging execution milestones, advanced technologies and multiple system interfaces including guideway, power supply, state-of-the-art telecom, platform screen doors and depot equipment, this project exemplifies the scale and complexity of integrated APM Rail Systems that L&T is uniquely positioned to deliver. With MHI’s proven APM Systems and L&T’s extensive integrated systems experience supported by world-class Engineering Designs Centre, enables us to execute such projects with a strong focus on safety and quality”. L&T has established itself as India’s leading provider of turnkey Design-Build and EPC solutions for railway and metro projects, delivering end-to-end capabilities spanning design, engineering, procurement, project planning, quality control and execution under a single- point responsibility model. The company is currently executing integrated rail systems projects across the Mumbai Metro, Dhaka Metro and Jakarta MRT networks. With governments across the GCC continuing to invest in next-generation mobility infrastructure, urban transit and sustainable transportation solutions, the region is expected to witness substantial growth in railway development over the coming years. The Al Maktoum International Airport APM System project further enhances L&T's credentials in the region and positions the Company to capitalize on emerging opportunities in the railway and transit sector across West Asia. Background: Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies. With a strong impetus towards AI & technology, customer–focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades. *Order Classification Classification Significant Large Major Mega Ultra-Mega 10,000 to Value in ₹ Cr 1,000 to 2,500 2,500 to 5,000 5,000 to 10,000 >15,000 15,000 Media Contact: Sumeet Chatterjee Head - Corporate Brand Management & Communications sumeet.chatterjee@larsentoubro.com