Home » L&T plans stake sale

L&T plans stake sale

L&T plans stake sale
Shares

Larsen & Toubro plans to sell stake in some of its port, road, power and metro rail projects to unlock shareholder value, Chairman and Managing Director AM Naik said in a letter to shareholders. The company would be seeking to unlock value through churning of mature assets within the portfolio and through equity partnership, the letter said without giving details.

Leave a Reply