Larsen & Toubro Announces NCLT Convened Meeting for Scheme of Arrangement on August 4, 2026
Larsen & Toubro Limited will hold an NCLT-convened shareholder meeting on August 4, 2026, to approve a Scheme of Arrangement with L&T Realty Properties Limited. Remote e-voting is open from July 31 to August 3, 2026. The results will be announced by August 6, 2026.
The announcement pertains to a significant corporate restructuring (Scheme of Arrangement) which could have long-term implications for the company's structure and operations, warranting a medium impact assessment.
The announcement is a procedural update regarding a Scheme of Arrangement and does not contain financial performance indicators or immediate business impact news.
Larsen & Toubro Limited has announced through newspaper advertisements published on June 29, 2026, in Business Standard and Loksatta, that a meeting of its equity shareholders will be convened on August 4, 2026. This meeting is to consider and approve a Scheme of Arrangement involving Larsen & Toubro Limited and L&T Realty Properties Limited, as directed by the National Company Law Tribunal (NCLT), Mumbai Bench.
The meeting will be held through video conferencing or other audio-visual means (VC/OAVM). The NCLT has dispensed with separate meetings for secured and unsecured creditors of Larsen & Toubro Limited, as well as for equity shareholders and unsecured creditors of L&T Realty Properties Limited.
Remote e-voting will commence on July 31, 2026, and conclude by 5:00 P.M. on August 3, 2026. The notice regarding this meeting, along with the Scheme and Explanatory Statement, was dispatched to equity shareholders on June 27, 2026, based on the register of members as of June 19, 2026. These documents are also available on the company's website and the websites of BSE and NSE.
Mr. Kuldip Kumar Kareer has been appointed as the Chairperson for the meeting, and Ms. Jyoti Kholia will serve as the Scrutinizer. The results of the voting are expected to be announced on or before August 6, 2026. The scheme, if approved, will be subject to further approvals from the Tribunal and other regulatory authorities.
What to do with a filing like this
Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Larsen & Toubro Limited. Read the original for the full detail.