Larsen & Toubro is a major technology, engineering, construction, production and financial services group with global operations. L & T addresses the important needs of consumers in hydrocarbons, infrastructure, power, process industries and conservation - in more than 30 countries around the world.
Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world.
L&T is engaged in core, high impact sectors of the economy and our integrated capabilities span the entire spectrum of ‘design to deliver’. With 8 decades of a strong, customer focused approach and a continuous quest for world-class quality, we have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects and Manufacturing, and maintain a leadership in all our major lines of business.
Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world.
L&T is engaged in core, high impact sectors of the economy and our integrated capabilities span the entire spectrum of ‘design to deliver’. With 8 decades of a strong, customer focused approach and a continuous quest for world-class quality, we have unmatched expertise across Technology, Engineering, Construction, Infrastructure Projects and Manufacturing, and maintain a leadership in all our major lines of business.
Larsen & Toubro Limited Buyback Details
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| Date of Board Meeting for Buyback Proposal | 20-08-2018 |
| Date of Buyback Approval | 20-08-2018 |
| Date Public Announcement of Buyback | 20-08-2018 |
| Buyback Type | Tender Offer |
| Buyback Record Date | 15-10-2018 |
| Buyback Opening Date | - |
| Buyback Closing Date | - |
| Buyback Amount | ₹ 9,000 Cr |
| Buyback Number of Share | 6,00,00,000 |
| Buyback Price | ₹ 1475 |
| Face Value | ₹ 2 |
| Holding Time | 3 Months |
| - | - |
Profit acceptance Ratio
Buy 135 Shares at ₹ 1250 [2,00,000/1475= 135] |
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| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Buy Price | ₹ 1250 | ₹ 1250 | ₹ 1250 | ₹ 1250 |
| Amount Invested in Buyback | ₹ 2,00,000 | ₹ 2,00,000 | ₹ 2,00,000 | ₹ 2,00,000 |
| No. of Shares buyback | 45 | 68 | 101 | 135 |
| BuyBack Profit | ₹ 10,125 | ₹ 15,300 | ₹ 22,725 | ₹ 30,375 |
| Profit(%) | - % | - % | - % | - % |
Larsen & Toubro Limited Contact Details
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Larsen & Toubro Limited
Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5893 Website:- www.Larsentoubro.com |
Registrar of Larsen & Toubro Limited
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Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli Financial District, Nanakramguda Hyderabad 500 032 Telangana, India Telephone: +91 40 6716 2222 Facsimile: +91 40 2343 1551 Email: einward.ris@karvy.com Investor Grievance e-mail: einward.ris@karvy.com Website: www.karisma.karvy.com Contact Person: M. Muralikrishna SEBI Registration No. INR000000221 |
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