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| Exchange Disseminated Time 22/09/2016 16:43:10 | | With reference to the earlier announcement dated July 15, 2016 and September 01, 2016 in relation to the proposed initial public offering of the equity shares of the Company's subsidiary, L&T Technology Services Limited ("LTTS") (the "Equity Shares"), Larsen & Toubro Ltd has informed BSE that the Prospectus filed by LTTS with the Registrar of Companies, Maharashtra at Mumbai, has been approved on September 19, 2016. The Offer comprises of an offer for sale of 1,04,00,000 Equity Shares by the Company aggregating to Rs. 8944 million at the offer price of Rs. 860 per Equity Share. |
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