Larsen & Toubro Limited has informed the Exchange about Update on acquisition of stake in E2E Networks Limited
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Larsen & Toubro has further acquired 5,95,916 equity shares of E2E Networks Limited from the promoter via a secondary market transaction. This was done under an amendment agreement dated May 15, 2025, which caps the secondary acquisition from the promoter at 2.98%. With this purchase, L&T's total holding in E2E Networks has risen to 18.99% of its paid-up share capital, including earlier market purchases. The update follows L&T's prior intimations dated November 5, 2024 and December 4, 2024 about its stake-building in E2E Networks, a listed cloud infrastructure company.
The acquisition reflects L&T's continued strategic interest in the cloud computing and digital infrastructure space. At 18.99% holding, L&T remains below the 25% SEBI takeover threshold, so no mandatory open offer is triggered. For L&T shareholders, this is a minor diversification move that should not materially impact the stock.