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The latest announcement is out from Larsen & Toubro Limited ( (IN:LT) ).
Larsen & Toubro Limited has initiated a postal ballot process to seek shareholder approval via e-voting on a set of key corporate actions, including the appointment of Amitabh Kant and B. Santhanam as independent directors for five-year terms effective October 29, 2025, and the re-appointment of Preetha Reddy as an independent director for a further five-year term from March 1, 2026. The ballot also seeks consent for entering into material related-party transactions with group and joint-venture entities L&T-MHI Power Boilers, L&T-MHI Power Turbine Generators, Larsen Toubro Arabia LLC, and L&T Modular Fabrication Yard LLC, with the voting window running from December 20, 2025 to January 18, 2026, underscoring the company’s emphasis on formal shareholder approval for board strengthening and significant intra-group business arrangements.
More about Larsen & Toubro Limited
Larsen & Toubro Limited is a diversified Indian conglomerate with core operations spanning engineering, construction, manufacturing, technology and financial services, serving infrastructure, industrial and energy sectors in India and overseas.
Average Trading Volume: 149,661
Technical Sentiment Signal: Buy
Current Market Cap: 5588.4B INR
Find detailed analytics on LT stock on TipRanks’ Stock Analysis page.