Announced Wed, 24 Jun · 19:00 IST
L&T to transfer realty business to subsidiary L&T Realty Properties via slump sale
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹4180.00
prior close
₹4207.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.0-0.3+0.0-0.4-0.9-2.1-2.9-3.8-4.6-8.7-8.9——
Up moveDown movePending
AI summary
L&T is transferring its realty business to wholly-owned subsidiary L&T Realty Properties via slump sale. Consideration: 39.35 crore shares of LTRPL at Rs 10 face value plus Rs 6 premium. Appointed date: 1 April 2026. NCLT has directed L&T to convene shareholder meeting within 60 days. NSE and BSE have given no-objection. No new shares for L&T shareholders.
Likely market impact
Existing L&T shareholders see no change in holdings. Realty business housed in a separate entity for focused growth and potential fundraising.