Tag: L&T IDPL

L&T divests its entire stake in L&T Infrastructure Development Projects Ltd

Larsen & Toubro, signed an agreement to divest its 51% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to a portfolio company of Infrastructure Yield Plus II, an infrastructure fund managed by Edelweiss Alternatives. With this, L&T will divest its entire stake in the concession subsidiary, L&T IDPL. This is in line with L&T’s…