The equity shares of the Company are listed with BSE Limited (500510) and National Stock Exchange of India Limited (LT).

GDR's are listed on Luxembourg Stock Exchange (005428157) and admitted for trading on London Stock Exchange (LTOD).

The details of Company’s share capital are provided on our website. The link for the same is
https://investors.larsentoubro.com/Shareholding-Pattern-Archives.aspx

In November 1994, March 1996 and November 2007, the Company offered and issued an aggregate of 2,08,78,620 GDRs under 144A.

Each GDR represents one Equity Share, with a par value of Rs. 2 per share of the Company. The Company's GDRs are listed on the Luxembourg Stock Exchange and admitted for trading on London Stock Exchange.

The details of last three Annual General Meetings are provided in our Annual Report. The link for the same is
L&T India | Downloads | Annual Reports (larsentoubro.com)

YEAR	BONUS RATIO
2017	1:2
2013	1:2
2008	1:1
2006	1:1
1986	3:5
1982	3:5
1977	1:2
1973	1:3
1970	1:10
1965	1:7

Pursuant to amendments in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with effect from January 24, 2022, requests for effecting transfer of securities in physical form, shall not be processed by the Company and all requests for transmission, transposition, issue of duplicate share certificate, claim from unclaimed suspense account, renewal/exchange of securities certificate, endorsement, sub-division/split of securities certificate and consolidation of securities certificates/ folios need to be processed only in dematerialized form. In view of the numerous advantages offered by the Depository system as well as to avoid frauds, members holding shares in physical mode are advised to avail of the facility of dematerialization from either of the depositories. The Company has, directly as well as through its RTA, sent intimation to shareholders who are holding shares in physical form, advising them to get the shares dematerialized.

Dematerialisation ('Demat' in short form) signifies conversion of a share certificate from its present physical form to electronic form for the same number of holding.

It is a direct application of scope provided by the tremendous progress made in the area of Information Technology whereby voluminous and cumbersome paper work involved in the scrip based system is eliminated.

It offers scope for paperless trading through state-of-the-art technology, whereby share transactions and transfers are processed electronically without involving any share certificate or transfer deed after the share certificates have been converted from physical form to electronic form.

Demat attempts to avoid the time consuming and complex process of getting shares transferred in the name of buyers as well its inherent problems of bad deliveries, delay in processing/fraudulent interception in postal transit, etc. The transaction charges associated with a demat account are significantly lesser than its physical counterpart because of not having to pay any stamp duties.

The largest advantage of having an electronic medium is the ability to make online investments and sell any number of shares according to your convenience. You can even sell one share if that is what you deem necessary.

Dematerialisation of shares is optional and an investor can still hold shares in physical form. However, as per the directions of SEBI, he/she has to demat the shares if he/she wishes to sell the same. Similarly, if an investor purchases shares, he/she will get delivery of the shares in demat form.

The Depositories Act, 1996 has been enacted to regulate the matters related and incidental to the operation of Depositories and demat operations. Two Depositories are in operation - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

The operations in the Depository System involve the participation of a Depository, Depository Participants, Company/Registrars and Investors. The Company is also called the Issuer.

A Depository (NSDL and CDSL) is an organisation like a Central Bank, i.e. Reserve Bank where the securities on an investor are held in electronic form, through Depository participants.

A Depository Participant is the agent of the Depository and is the medium through which the shares are held in the electronic form. They are also the representatives of the investor, providing the link between the investor and the Company through the Depository.

To draw an analogy, the Depository system functions very much like the banking system. A bank holds funds in accounts whereas, a Depository holds securities in accounts for its clients. A bank transfers funds between accounts whereas, a Depository transfers securities between accounts.

In both systems, the transfer of funds or securities happens without the actual handling of funds or securities. Both the banks and the Depository are accountable for safe keeping of funds and securities respectively. The Company has to sign an Agreement with NSDL/CDSL (the depositories) and install the necessary hardware/software for operations.

First, you will have to open an account with a Depository Participant (DP) and get a unique Client ID number. Thereafter, you will have to fill up a Dematerialisation Request Form (DRF) provided by the DP and surrender the physical shares/letter of confirmation (LOC) (which is issued by the Company) intended to be dematted by the DP.

The DP upon receipt of the shares and the DRF, will send an electronic request to the Company/RTA through the Depository for confirmation of demat. Each request will bear a unique transaction number.

The DP will simultaneously surrender the DRF and the shares to the Company/RTA with a covering letter requesting the Company/RTA to confirm demat. The Company/RTA after necessary verification of the documents received from the DP, will confirm demat to the Depository.

This confirmation will be passed on from the Depository to the DP, which holds your account. After receiving this confirmation from the Depository, the DP will credit the account with the shares so dematerialised. The DP will hold the shares in the dematerialised form thereafter on your behalf as your Trustee and you become beneficial owner of these dematerialised shares.

If you are holding shares in electronic form, you still have the option to convert your holding in physical form by submitting a Rematerialisation Request Form (RRF) through your DP in the same manner as Dematerialisation. Upon receipt of such request from your DP, the Company will issue share certificates for the number of shares so rematerialised.

The charges differ from DP to DP and therefore you will have to contact your DP for the same.

The Depository Participants will give the list of demat account holders and the number of shares held by them in electronic form on the Record date to the Company (known as Benpos). On the basis of Benpos, the Company will credit the dividend directly in your bank account linked to your demat account.

The rights of the shareholders holding shares in demat form are at par with the holders in physical form. Hence you will be eligible to get the Annual Report and will have the right to attend the AGM as a shareholder.

Common risk factors applicable to trading in physical shares like mismatch in signatures, loss in postal transit, etc., are absent since the dematted shares are traded scrip less.

However, in the unlikely event of any other dispute, the concerned Stock Exchange and/or Depository Custodian viz. NSDL/CSDL or SEBI would have to be approached for resolving such issues.

Yes. You will have to contact your DP or the lending bank for this.

Depositories provide “Transposition cum Demat facility” to help joint holders to dematerialize securities in different sequence of names. For this purpose, DRF and Transposition Form should be submitted to the DP.

You have to submit a nomination form (Form SH-13) duly filled in duplicate and signed. If you are holding shares along with other holders then all the holders will have to sign the nomination form.

After the form is received by the Company, and if found in order, a registration number will be allotted to the nomination. A duplicate copy of the nomination form received from you will then be returned back to you with an endorsement indicating the registration number and date.

Nomination can be made only in respect of shares held in physical form. In case of demat shares, your nomination has to be recorded with your Depository Participant.

Only one nomination can be made for each folio. Folios having different order or combination of names of shareholders will require separate nominations.

You may download the abovementioned form from our website at:
https://investors.larsentoubro.com/DownloadableForms.aspx

No.

Joint holders are not nominees. They are joint holders of the relevant shares having joint rights on the same. In the event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognised by the Company as the holders of the shares.

Nomination once made can be revoked by a shareholder by giving a fresh nomination. If the nomination is made by joint holders, and one of the joint-holders dies, the remaining joint holder/s can make a fresh nomination by revoking the existing nomination. Existing nomination can be changed/cancelled on submitting duly filled Form SH-14 and Form ISR-3, which are available on website of the RTA and Company at:
https://investors.larsentoubro.com/DownloadableForms.aspx

Shareholder can submit a ‘Declaration to Opt out of Nomination’ as per Form ISR-3, which is available on website of RTA and Company at:
https://investors.larsentoubro.com/DownloadableForms.aspx

Upon the death of a shareholder, the Nominee, to the exclusion of any other legal heir/beneficiary, is the only person in whom the shares vest. In other words, in case of a valid nomination, the Company will not entertain any claim from legal heirs or beneficiaries and the shares will be transmitted only in favour of the Nominee.

In case if the nomination is made by joint-holders, the nomination will come into play only upon the death of all the joint holders. Therefore if one of the joint shareholders dies, the shares will devolve on the surviving shareholders to the exclusion of the Nominee. In this case the surviving shareholders may make a fresh nomination if they so desire.

Upon death of a shareholder, the nominee is entitled to have the shares transmitted in his favour. He/She will have to give a notice in writing to this effect along with the share certificate(s) of the deceased shareholders and produce proof of identity, e.g., copy of passport, driving license, voter's identity card or such other proof to the satisfaction of the Company.

The nominee should also submit his specimen signature duly attested.

Upon scrutiny of the documents submitted by the nominee, shares will be transmitted in his favour and letter of confirmation shall be issued in his/her name.

No. For making a nomination with respect to dematted shares, you will have to approach your Depository Participant (DP). In the account opening form provided by the DPs there is a provision for providing the name of the nominee. Please consult your DP for further details.

The surviving shareholders are required to submit a request letter supported by a self-attested copy of pan card of all surviving holders, and an attested copy of the Death Certificate of the deceased shareholder. The Company shall send the form for deletion of name of the deceased shareholder. The surviving shareholders shall provide the filled up form along with the relevant share certificates to the Company.

The Company on receipt of the said documents will retain the share certificates and issue a Letter of Confirmation (LOC) on completion of the deletion process. On receipt of this LOC, the surviving shareholder shall send Dematerialization Request Form (DRF) within 120 days to Depository Participant (DP) for demat of the shares.

The legal heir/s shall provide the following documents for transmission:

• Transmission Request Form
• Original death certificate or Copy of death certificate attested by a notary public/gazette officer or Copy of the death certificate attested by the nominee(s)/claimant(s)/legal heir(s), subject to verification with original by the RTA/Listed Issuer
• Self-attested copy of Permanent Account Number Card of the nominee(s)/claimant(s)/legal heir(s) issued by the Income Tax Department
• Original security certificate(s)
• Copy of Birth Certificate (in case the nominee/claimant/legal heir is a minor)
• KYC of the Claimant Guardian, if not KYC compliant (in case of nominee /claimant being a minor / of unsound mind)

Shareholders may refer relevant SEBI Circulars for detailed procedure and visit our RTA/Company website for the formats.

The legal heir/s should provide any of the following, duly attested by notary public/gazetted officer:

• Succession Certificate; or
• Letter of Administration; or
• Court Decree; or
• Legal Heirship Certificate (or its equivalent certificate), along with a notarized indemnity bond from legal heir(s)/claimant(s) to whom securities are transmitted and No-objection from all the non-claimants duly attested by a notary public/gazetted officer.

Notarised Affidavit shall also be submitted, either from:

• All legal heir(s) on identity and claim of ownership, on non-judicial stamp paper or
• From such legal heir(s)/claimant(s) named in any of the above documents

If the value of securities is less than or equal to Rs. 5 lakhs (physical mode) or less than or equal to Rs. 15 lakhs (demat mode), and the above-mentioned documents are not available, the legal heir/s may submit:

• NOC from all legal heir(s), or copy of family settlement deed executed by all legal heirs and attested by notary public/gazetted officer; and
• Notarized indemnity bond on non-judicial stamp paper

Documents should be sent to the Company/RTA along with a Transmission Request Form, death certificate, self-attested PAN card, and all the share certificates in original, for transmission in their favour as mentioned in Question 2 above. In case of shares held in electronic mode, please contact your Depository Participant.

Shareholders may refer relevant SEBI Circulars for detailed procedure and visit our RTA/Company website for the formats.

The legal heirs will have to submit:

• Probate of Will, or Will along with Notarized indemnity bond from legal heir(s)/claimant(s) or Succession Certificate; or Letter of Administration; or Court Decree
• Relevant share certificates in original
• Death certificate
• Self-attested PAN card
• Transmission Request Form
• Notarised Affidavit, either from:
  • All legal heir(s) on identity and claim of ownership, on non-judicial stamp paper or
  • From such legal heir(s)/claimant(s) named in the Will

Shareholders may refer relevant SEBI Circulars for detailed procedure and visit our RTA/ Company’s website for the formats.

Shareholder shall submit Transmission Request Form, Death certificate, Self-attested PAN Card, and Original share certificates.

In case of claimant being a minor, copy of birth certificate and KYC documents of the guardian shall be additionally required.

Shareholders may refer relevant SEBI Circulars for detailed procedure.

Where Probate of Will is not available, then the shareholder needs to submit:

A. Will, along with a notarized indemnity bond from legal heir(s)/claimant(s) to whom securities are transmitted.

B. Alternatively, any of the following documents can be submitted, instead of submitting the Will:

• Succession Certificate; or
• Letter of Administration; or
• Court Decree; or
• Legal Heirship Certificate (or its equivalent certificate), along with a notarized indemnity bond from legal heir(s)/claimant(s) to whom securities are transmitted and No-objection from all the non-claimants duly attested by a notary public/gazetted officer.

If the value of securities is less than or equal to Rs. 5 lakhs (physical mode) or is less than or equal to Rs. 15 lakhs (demat mode), and any of the above-mentioned documents (i.e. A and B) are not available, the legal heir/s may submit:

• NOC from all legal heir(s), or copy of family settlement deed executed by all legal heirs and attested by notary public/gazetted officer; and
• Notarized indemnity bond on non-judicial stamp paper

Notarised Affidavit shall also be submitted, either from:

• All legal heir(s) on identity and claim of ownership, on non-judicial stamp paper or
• From such legal heir(s)/claimant(s) named in the Will or Succession Certificate or Letter of Administration or Legal Heirship Certificate

Documents should be sent to the Company/RTA along with a Transmission Request Form, death certificate, self-attested PAN card, and all the share certificates in original, for transmission in their favour as mentioned in Question 2 above. In case of shares held in electronic mode, please contact your Depository Participant.

Shareholders may refer relevant SEBI Circulars for detailed procedure, and visit our RTA/Company website for the formats.

As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the Company cannot ascertain as to how or why the name was included. As per the Articles of Association of the Company, the surviving joint holders are the only persons recognised as having title to the shares.

Kindly send a duly filled request Form ISR-1 signed by the shareholder (first named shareholder in case of joint-holders) giving the details required in the said Form along with the necessary documents as stated in the Form, for updating the KYC details. The Form is available on website of the RTA and Company at
https://investors.larsentoubro.com/DownloadableForms.aspx

Only on receipt of the above documents and on our satisfying that the same are in order, we will record the change of address and send you a confirmation. Please note that until then communications will continue to be mailed to you at your old address.

No. The letter of request will require the signature of the first joint-holder or all holders.

No. There can be only one address for one folio.

Since your Depository Participant maintains your records of demat shares, you have to inform them about any change in your address. Your Depository Participant will then pass on this information when any action like despatch of Annual Accounts or payment of dividend etc., is due to be taken by the Company.

In the event, your residential status has changed from resident to a non-resident and sale proceeds of the Shares or dividend payment is sought to be repatriated outside India, please obtain prior permission from the Reserve Bank of India through your banker in India and submit to the Company.

Where the sale proceeds and/ or dividend payment is not sought to be repatriated, a duly completed Form of Undertaking would be required to be submitted to the Company.

Specimen of the aforesaid undertaking is available with RTA as well as the Company, which shall be provided on request.

Note: Ensure to mention the Non-Resident Ordinary (NRO) account number with the banker in India to facilitate payment of dividend.

Please send a letter to the RTA duly signed by the registered holder asking for change in status from Non-resident to Resident.

You may please write to the RTA furnishing the particulars of the dividend not received and also quoting your folio number along with cancelled cheque leaf and self-attested PAN Card copy. In case of shares held in demat, client master list (CML) along with request letter need to be submitted to RTA. We will check our records and will credit the dividend amount to the registered bank account if the dividend remains unpaid in the records of the Company.

Since the dividend warrants are payable at par all over the country, it is not practically possible for the banks to issue stop payment instructions and it is therefore necessary for us to wait till the validity of the original warrant has expired. The warrant is issued in the name of the shareholder only so that the fraudulent encashment of the warrant is very remote or negligible.

Dividend lying in the Unpaid Dividend Account which remains unpaid or unclaimed for a period of seven years is required to be transferred to the Investor Education and Protection Fund (IEPF). To ensure maximum disbursement of unclaimed dividend, the Company sends reminders to the concerned investors, before transfer of dividend to IEPF.

The unpaid / unclaimed dividends upto the last seven years are maintained by the Company. If you have not received any of these dividends, you may please write to the RTA with relevant particulars like folio number, concerned dividend, along with cancelled cheque leaf and self-attested PAN Card copy etc., and we shall arrange to pay the dividend if it remains unpaid in our records.

Yes. You will have to write to us furnishing the name and address of the authorised person/bank and your folio number and we shall record your instructions accordingly and dispatch the warrant to the mandatee. Please note that this procedure is applicable only if you are holding shares in physical form.

As per the Depository Regulations, the Company is obliged to pay dividend as per the details of demat shareholders furnished by the concerned Depository Participant. The Company cannot make any change in such records received from the Depository.

Under this system, you can receive your dividend electronically by way of direct credit to your bank account. This avoids a lot of hassles like loss/fraudulent interception of dividend warrants during postal transit. This also expedites payment through credit to your account compared to dividend warrants in physical form. We would strongly recommend that if you have not already opted for National Electronic Clearing Service, you may please do so.

You should submit the NECS form duly completed along with a photocopy of a leaf of your cheque as advised in the Form and we shall take due note of the same in our records. As a result, all subsequent dividends will be paid to you through direct credit to your bank account.

Yes. The Reserve Bank of India has enabled NECS facility all over India.

Dividends not claimed, within seven years from the date of its transfer to the unpaid dividend account, will be transferred to the Investor Education and Protection Fund (IEPF) established by the Government.

If the Company declares any further dividend on the shares which have already been transferred to the Fund, the amount received on such shares shall also be transferred to the Fund.

The dividend will be paid after deducting the tax at source (TDS) at the prescribed rates.

With respect to resident shareholders:

• Having PAN – applicable rate is 10%
• Without PAN – applicable rate is 20%
• Submitting Form 15G/ Form 15H – NIL

With respect to non-resident shareholders:

• Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) – applicable rate is 20% (plus applicable surcharge and cess)
• Other Non-resident shareholders - applicable rate is 20% (plus applicable surcharge and cess)
• Lower rate prescribed under the tax treaty which applies to the non-resident shareholder/FPI/FII – Tax treaty rate

If a shareholder is classified as “specified person” as per the provision of section 206AB of the Act, tax will be deducted at a rate higher of the following:

• Twice the rate specified in the relevant provision of the Income-tax Act; or
• Twice the rate or rates in force; or
• The rate of 5%

The Company will be relying on the information verified by the utility available on the Income Tax website

Any person whose shares / unclaimed dividend or other amount such as matured deposits, matured debentures, application money due for refund, or interest thereon, sale proceeds of fractional shares, redemption proceeds of preference shares etc. have been transferred by the Company to IEPF may claim the shares and/or apply for refund of amounts transferred, from the IEPF Authority, by submitting an online application in Web-Form IEPF-5 available on IEPF website.

Application can also be made by any successor, legal heir / representative of the deceased person.

Yes, PAN is mandatory. The Web-Form IEPF-5 requires PAN verification without which submission of the same is not possible.

The form requires OTP based verification for submission, for which claimant should have an active mobile number and a valid email-id.

Before making an application in Web Form IEPF-5, Contact our Registrar and Share Transfer agent “KFin Technologies Limited” on einward.ris@kfintech.com and make a request to obtain “Entitlement Letter”.

The details of dividend and shares transferred to IEPF shall be in the entitlement letter and on the basis of the same you can file the Web form IEPF-5 on MCA Portal (www.mca.gov.in/).

Hence claimants are advised to approach the RTA/Company with the required documents for issuance of "Entitlement Letter" before filing of claim with the authority.

For the list of documents required to be submitted, please refer the help-kit/instruction-Kit available on IEPF’s Website https://www.iepf.gov.in/IEPF/corporates.html

Claimant after making an application in Web-Form IEPF-5 is required to send all the relevant documents, to the Company for further processing of the Claim by the Company.

Address to send documents:
Mr. Subhodh Shetty
Deputy Nodal Officer,
Larsen and Toubro Limited.
L&T House, N. M. Marg,
Ballard Estate, Mumbai– 400 001

IEPF Website: http://www.iepf.gov.in/

Web-Form IEPF-5 and instruction kit: https://www.iepf.gov.in/content/dam/mca-aem-forms/instructionkits/Instruction_Kit_Form_No_IEPF_5.pdf

For Uploading Web-Form IEPF-5: http://www.mca.gov.in/mcafoportal/showEformUpload.do

FAQs on claim procedure from IEPF Authority: https://www.iepf.gov.in/content/iepf/global/master/Home/HelpAndFAQs/faqs-for-claimants.html