LTNSELarsen & Toubro Limited· EngineeringMediumNeutral
Announced Thu, 23 Apr · 16:19 IST

Larsen & Toubro Limited has informed the Exchange about General Updates

Business Updates View source PDF

LT · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹4050.00
prior close
₹4072.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.5-0.8-1.1+0.1-0.2+0.8-0.7+1.2-0.9-3.4-0.4+3.3-6.5
Up moveDown movePending
AI summary

Larsen & Toubro Limited has incorporated a new wholly owned subsidiary named Vyoma.AI Limited (VAL) on April 22, 2026. The subsidiary has been set up with an authorised capital of Rs. 5 lakh (5000 equity shares of Rs. 100 each), with 100% stake held by L&T and its nominees. VAL is formed for establishing data centres and AI infrastructure to provide technology-enabled services. The new entity is yet to commence business operations and no government or regulatory approvals are required for this incorporation.

Likely market impact

This is a strategic expansion into AI infrastructure and data centre services, aligning with broader digital transformation trends. The small initial capital suggests this is an early-stage venture, unlikely to have immediate material impact on L&T's financials or stock price.