January, 16 2026 Friday 06:11 Hrs
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Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
493.7923866
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
51.89
531730.79
EPS(TTM)
Face Value()
Div & Yield %
74.49
2
0.88
 

Larsen & Toubro Ltd
Larsen & Toubro to acquire balance 40% stake in JV L&T Sapura Shipping
Jan 12,2026

Larsen & Toubro has today executed a Share Purchase Agreement for acquisition of shareholding of Sapura Nautical Power (Sapura), JV Partner, in L&T Sapura Shipping (LTSSPL), a subsidiary of the Company. Post completion of the acquisition, LTSSPL will be a wholly owned subsidiary of the Company.

The acquisition further strengthens the Company's operational flexibility and asset availability for execution of offshore projects, particularly in India and the Middle East.

LTSSPL operates in the offshore marine construction segment, which is complementary to L&T's core engineering and construction businesses.

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