L&T acquires full ownership of LTSSHF
Larsen & Toubro Limited (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL), making it a wholly owned subsidiary. With full ownership, L&T aims to expand LTSSHF’s offerings beyond the energy sector and improve overall utilization through additional investments. The acquisition includes 1.47 billion equity shares, 1.67 billion preference shares, and a secured loan previously provided by NPCIL to…