L&T rises on getting nod to transfer Realty BU to L&T Realty
Larsen & Toubro is currently trading at Rs. 3999.55, up by 3.85 points or 0.10% from its previous closing of Rs. 3995.70 on the BSE.
The scrip opened at Rs. 3969.55 and has touched a high and low of Rs. 4017.00 and Rs. 3948.05 respectively. So far 37852 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4139.00 on 27-Nov-2025 and a 52 week low of Rs. 2967.65 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 4085.95 and Rs. 3963.10 respectively. The current market cap of the company is Rs. 548808.62 crore.
The Institutions holding in the company stood at 63.07%, while Non-Institutions held 36.93% in the company.
Larsen & Toubro (L&T) has received board’s approval for the transfer of its Realty Business Undertaking (Realty BU) to L&T Realty Properties (L&T Realty), a wholly owned subsidiary of the company, through a slump-sale via a scheme of arrangement, subject to requisite regulatory approvals.
This strategic move marks the beginning of a phased consolidation of all real estate assets and undertakings of L&T and vest them in L&T Realty, thus creating a unified, future-ready entity capable of capitalising on India’s real estate growth. The consolidation positions L&T Realty to lead this transformation with renewed scale, agility and financial strength.
Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
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