L&T extends L&T Metro Rail Hyderabad stake sale timeline to Sep 30, 2026

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Price reaction · full curve 14 horizons · vs prior close

-1.7%1-day move

₹4091.00

prior close

₹4100.00

base price

After-mkt

timing

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AI summary

Larsen & Toubro has revised the estimated completion date for selling its stake in L&T Metro Rail (Hyderabad) Limited to September 30, 2026. All other terms of the transaction remain unchanged. The company had first informed exchanges about this stake disposal on April 29, 2026. The extension means the deal needs more time to close but is still progressing.

Likely market impact

Deal closure and divestment proceeds are pushed back by a few months, but terms remain the same, suggesting the transaction is still on track.