LTBSELarsen & Toubro LtdMinimalNeutral
Announced Mon, 29 Jun · 15:32 IST

NCLT meeting of L&T shareholders on Aug 4, 2026 for Realty demerger scheme

LT · price

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▲ 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
-1.7%1-day move
₹4162.60
prior close
₹4183.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1-0.3-0.1-1.7-2.5-3.4-3.0-4.2-6.7-7.5
Up moveDown movePending
AI summary

L&T has filed a notice for an NCLT-convened meeting of its equity shareholders on August 4, 2026 at 3:00 PM via video conferencing. The meeting is to consider and approve a Scheme of Arrangement between L&T (Transferor) and L&T Realty Properties Limited (Transferee) under Sections 230-232 of the Companies Act. NCLT has dispensed with separate creditor meetings. E-voting runs from July 31 (9 AM) to August 3 (5 PM), 2026. The scheme requires three-fourths majority by value.

Likely market impact

Shareholders vote on Aug 4 to approve L&T scheme to transfer realty business to L&T Realty Properties. Requires 75% majority by value.