L&T Scheme of Arrangement: NCLT Admits Petition, Hearing Set for Oct 6
The National Company Law Tribunal (NCLT) has admitted Larsen & Toubro's Scheme of Arrangement petition involving L&T Realty Properties Limited. A hearing is scheduled for October 6, 2026. This follows earlier proceedings and directions from the Tribunal.
The scheme of arrangement is a significant corporate action that involves restructuring. While the announcement itself is procedural, the underlying scheme has the potential for medium impact on the company's structure and operations.
The announcement is a procedural update regarding the admission of a petition by the NCLT for a scheme of arrangement. It does not contain financial results or direct business impact information, hence it is neutral.
Larsen & Toubro Limited (L&T) has announced that the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has admitted the Joint Company Scheme Petition concerning the Scheme of Arrangement between L&T and L&T Realty Properties Limited (LTRPL).
This admission follows L&T's previous intimation on August 4, 2026. The Tribunal, by its Order dated August 18, 2026 (uploaded on September 1, 2026), has admitted the petition under Sections 230 to 232 of the Companies Act, 2013, read with the relevant rules, seeking sanction for the Scheme. The Tribunal has scheduled Tuesday, October 6, 2026, as the date for the hearing of the Petition. The Tribunal's Order has been enclosed with the announcement.
A plain-language summary of a public exchange filing by Larsen & Toubro Limited. Read the original for the full detail.