Detailed News 03/04/2019
Sale Of Entire Stake In L&T Kobelco Machinery Pvt. Ltd.
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Larsen & Toubro Limited ('L&T') has entered into a definitive agreement with KOBE STEEL, LTD., a company registered in Japan, on April 2, 2019 for the divestment of its entire stake in L&T Kobelco Machinery Private Limited, a 51:49 joint venture between L&T and Kobe Steel, Ltd..