April, 16 2026 Thursday 02:23 Hrs
Last update 11-9-2025
  • SENSEX :   78,111.24

  • Commodity broking firm in India1,263.67( 1.64%) 15-Apr-2026
top-arrow-market
Sensex 78111.24 1263.67  (1.64) 15-Apr-2026
Previous Day Close
76847.57
Today's High/Low
High Low
  •  
  •  
78270.42 77849.52

Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
493.7740403
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
48.08
543911.21
EPS(TTM)
Face Value()
Div & Yield %
82.24
2
0.86
 

larsen & toubro ltd
Larsen & Toubro arm acquires International Green Scapes for Rs 1,123-cr
Apr 11,2026

The acquisition involves 58,23,425 equity shares, giving L&T RPL complete ownership and control of IGSL, a real estate company with development rights in Gurugram, Haryana.

The company said the transaction will enable it to leverage IGSL’s land bank to expand and strengthen its real estate development portfolio. IGSL holds licenses for residential development projects, aligning with L&T Realty’s growth strategy.

IGSL, incorporated on 22 November 1993, has reported nil turnover over the last three financial years, including FY23, FY24 and FY25.

The deal does not fall under related party transactions, and the promoter group has no interest in the acquired entity. No regulatory approvals are required for the acquisition. The transaction is expected to be completed by 15 April 2026.

L&T is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, operating across multiple geographies.

On a consolidated basis, L&T's net profit declined 4.27% year-on-year to Rs 3,215.11 crore in Q3 FY26, even as revenue from operations rose 10.48% to Rs 71,449.70 crore in Q3 FY26.

Shares of Larsen & Toubro added 1.61% to end at Rs 3,959.90 on 10 April 2026.

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.