Larsen & Toubro Limited, a leading Indian multinational in EPC Projects, Hi-Tech Manufacturing, and Services, has finalized the sale of its entire stake in L&T Infrastructure Engineering Limited (LTIEL) to STUP Consultants Private Limited. This significant transaction, completed after meeting customary conditions as agreed in the Share Purchase Agreement dated November 2, 2023, marks a […]
In a significant realignment of its business strategy, Larsen & Toubro (L&T) has announced the divestment of its 100% stake in its infrastructure engineering subsidiary. L&T Infrastructure Engineering Limited (LTIEL), known for providing standalone engineering consultancy services in India’s infrastructure sector, has been acquired by STUP Consultants Private Limited, part of the French conglomerate Assystem […]
