Larsen & Toubro Limited has informed the Exchange about General Updates
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Awaiting price reaction for this filing.
L&T has filed its statement of related party transactions with the stock exchanges for the second half of FY25 (October 2024 to March 2025). The disclosure covers 190+ transactions with subsidiaries, one associate (Magtorq), and other related parties including key managerial personnel and post-employment benefit plans. Major transactions include purchases from L&T Modular Fabrication Yard LLC (Rs 890.15 cr), L&T Special Steels and Heavy Forgings (Rs 244.19 cr), L&T Technology Services (Rs 204.96 cr), and LTIMindtree (Rs 146.59 cr). L&T also gave loans/advances to subsidiaries such as L&T Special Steels (Rs 1,777.30 cr opening, Rs 1,924.43 cr closing) and Nabha Power (Rs 429.96 cr), with short-term loans carrying 6.70% interest and one 15-year inter-corporate deposit to Nabha Power at 10.50%. Other notable items include investments in L&T Semiconductor Technologies (Rs 126.30 cr) and L&T Energy Green Tech (Rs 103 cr), plus guarantees issued to L&T Metro Rail Hyderabad (Rs 3,872 cr approved).
This is a routine half-yearly regulatory disclosure of intra-group activity and does not signal any operational change; share price impact is likely neutral. Investors may note continued capital support to growth subsidiaries (semiconductors, green tech, realty) and large guarantees to the Hyderabad Metro project.