Larsen & Toubro divests its entire stake in JV L&T Kobelco Machinery

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Capital Market
Last Updated : Apr 03 2019 | 1:04 PM IST
Larsen & Toubro has entered into a definitive agreement with Kobe Steel, a company registered in Japan, on 02 April 2019 for the divestment of its entire stake in L&T Kobelco Machinery, a 51:49 joint venture between L&T and Kobe Steel for a consideration of Rs 43.5 crore.

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First Published: Apr 03 2019 | 12:43 PM IST

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