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Larsen and Toubro sells full stake in Hyderabad Metro Rail for 1461 crore

Business
Published on 29 April 2026
Larsen and Toubro sells full stake in Hyderabad Metro Rail for 1461 crore

Metro unit will no longer be an L&T subsidiary

Larsen & Toubro has finalized the sale of its entire stake in L&T Metro Rail (Hyderabad) Limited for Rs 1,461.47 crore. The deal was formalized through a Share Purchase Agreement with Hyderabad Metro Rail Limited, a Telangana government enterprise. As a result, the metro company will cease to be a subsidiary of L&T.

  • L&T sells its entire stake in L&T Metro Rail Hyderabad
  • Transaction value is Rs 1,461.47 crore
  • Buyer is Hyderabad Metro Rail Limited, a Telangana government firm
  • Metro unit will no longer be L&T’s subsidiary
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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