L&T share price: L&T to divest 100% stake in subsidiary LTIEL
Larsen & Toubro (L&T) will sell its entire stake in L&T Infrastructure Engineering Ltd (LTIEL) to STUP Consultants Pvt Ltd, a subsidiary of France's Assystem SA. This divestment aligns with L&T's strategy to concentrate on its core businesses, and the transaction is expected to be finalized before January 15, 2023, pending certain conditions.
Source: indiatimes.com