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Exchange Disseminated Time | Larsen & Toubro Ltd has informed BSE as under :
"We wish to invite your attention to the news item which appeared on the website of Sanctions Board of the World Bank on March 7, 2013 (around 7.30 pm - local time - USA) and in today's media.
The sanctions imposed by the World Bank for 6 months ending September 6, 2013, from participating in World Bank funded/executed projects is not expected to have material impact on the Company's present or future operations or its profitability or financials.
L&T looks forward to the opportunity to participate in future World Bank Projects upon completion of this 6 month period of ineligibility." |
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