L&T Restructures Digital Assets with ₹1,400 Crore Data Center Transfer

In a significant move on August 11, 2026, Larsen & Toubro Limited $LT executed two key agreements aimed at reshaping its digital portfolio. The company entered into a Business Transfer Agreement to shift its Data Center and Cloud Services business to ***** Limited, a newly incorporated subsidiary, for ₹1,400 crore. Simultaneously, L&T signed a Share Purchase Agreement to divest its 100% stake in L&T Network Services Private Limited for ₹30 crore, also to ***** Both transactions are expected to close by October 31, 2026, subject to regulatory approvals and closing conditions. This restructuring underscores L&T’s strategy to streamline operations, monetize non-core assets, and strengthen its focus on infrastructure and engineering, while positioning ***** as a dedicated player in India’s fast-growing data center and technology-enabled services sector.