Larsen & Toubro Limited has informed the Exchange about Completion of Acquisition of stake in International Green Scapes Limited by L&T Realty Properties Limited (L&T RPL), Wholly Owned subsidiary
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Larsen & Toubro's wholly owned subsidiary, L&T Realty Properties Limited (L&T RPL), has completed the acquisition of 100% stake in International Green Scapes Limited (IGSL). The transaction was completed on April 13, 2026, following a Share Purchase and Shareholders' Agreement executed on April 10, 2026. With this completion, IGSL has become a wholly owned subsidiary of both L&T RPL and L&T Limited, effective immediately. This represents L&T's expansion in the real estate segment through consolidation of its subsidiary structure.
This acquisition strengthens L&T's real estate portfolio by bringing International Green Scapes under full control. For shareholders, this indicates continued inorganic growth in the non-core but strategic real estate vertical. The consolidation may have minor impact on consolidated financials without materially affecting the main engineering and construction business.