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L&T to sell Hyderabad Metro Rail stake for ₹1,461 crore – CNBC TV18

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L&T to sell Hyderabad Metro Rail stake for ₹1,461 crore – CNBC TV18

Deal with Telangana government enterprise expected to close by June 30, 2026; subsidiary status to cease post-transactionLarsen & Toubro Limited has executed a Share Purchase Agreement with Hyderabad Metro Rail Limited for the sale of its entire shareholding in L&T Metro Rail (Hyderabad) Limited for a consideration of ₹1,461.47 crore, the company said in an exchange filing. The company added…

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