Economic Times4/29/2026BusinessIndia
Larsen & Toubro Finalizes Sale of Hyderabad Metro Rail Stake for Rs 1,461.47 Crore
L&T to exit its subsidiary, L&T Metro Rail (Hyderabad) Limited, as part of a strategic divestment plan.
Quick Look
Larsen & Toubro has signed a share purchase agreement to sell its entire stake in L&T Metro Rail (Hyderabad) Limited to the Telangana government for Rs 1,461.47 crore, marking the end of the unit's status as an L&T subsidiary.
AI-generated summary
Font size
Larsen & Toubro has signed a share purchase agreement to sell its entire stake in L&T Metro Rail (Hyderabad) Limited to the Telangana government for Rs 1,461.47 crore, marking the end of the unit's status as an L&T subsidiary.
Related Topics
This article was originally published by Economic Times.
