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Larsen & Toubro Ltd.

BSE: 500510 Sector: Engineering
NSE: LT ISIN Code: INE018A01030
BSE 00:00 | 06 Dec 1290.30 -11.35
(-0.87%)
OPEN

1310.00

HIGH

1310.00

LOW

1283.40

NSE 00:00 | 06 Dec 1290.80 -11.40
(-0.88%)
OPEN

1308.85

HIGH

1309.00

LOW

1283.10

Intimation Under Regulation 30 Of SEBI LODR Regulations 2015

November 9, 2019, 1:01 pm | Source: BSE

Pursuant to Regulation 30 of SEBI Listing Regulations we wish to inform that the Company has entered into an amendment agreement with Canadian Pension Plan Investment Board (CPPIB) with respect to the original Investment Agreement entered into with them in 2014 under which CPPIB had invested in Compulsorily Convertible Preference Shares(CCPS) issued by L&T Infrastructure Development Projects Limited (L&T IDPL) a wholly owned subsidiary. As per the amendment agreement the CCPS held by CPPIB will upon conversion give them 48.99% equity stake in L&T IDPL.