Date: October 31, 2026
Transaction Update
Larsen & Toubro Limited has revised the estimated completion date for its previously announced transaction involving Vyoma.AI Limited. The new expected closure date is by the end of the current financial year, specifically March 31, 2027. This represents an extension from the original timeline communicated in the company's earlier intimation dated August 11, 2026.
The transaction consists of two key components:
1. A Business Transfer Agreement between Larsen & Toubro Limited and its wholly-owned subsidiary Vyoma.AI Limited
2. A Share Purchase Agreement for the sale of Larsen & Toubro Limited's entire stake in L&T Network Services Private Limited to Vyoma.AI Limited
The company has confirmed that all other terms and conditions of the transaction disclosed in the August 11, 2026 communication remain completely unchanged.
Other Sections
Not Specified: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication