Larsen & Toubro has officially incorporated a wholly owned subsidiary, Vyoma.AI Limited, on April 22, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The engineering conglomerate announced this strategic corporate development through a formal communication to stock exchanges on April 23, 2026.

Regulatory Disclosure and Capital Structure

The company received the Certificate of Incorporation from the Ministry of Corporate Affairs on April 22, 2026. Company Secretary & Compliance Officer Narayan Subramanian formally notified BSE Limited and National Stock Exchange of India Limited about the subsidiary formation. Vyoma.AI Limited has been established with specific capital parameters and ownership structure designed to support its AI-focused operations.

Business Focus and Strategic Objectives

Vyoma.AI Limited has been formed specifically for establishing data centres and AI infrastructure to provide Infrastructure and Technology enabled Services. This strategic initiative positions Larsen & Toubro to capitalize on the growing demand for artificial intelligence solutions and digital infrastructure services across various industry verticals.

Corporate Structure and Operations

The wholly owned subsidiary structure enables Larsen & Toubro to concentrate its AI-related investments and technological expertise under a dedicated entity. As a newly incorporated company, Vyoma.AI Limited is yet to commence business operations, providing a clean slate for developing specialized AI capabilities and infrastructure solutions.

Compliance Framework

The incorporation follows proper regulatory procedures in compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure ensures transparency in corporate actions for stakeholders and investors, with the entire share capital subscribed by L&T along with its nominee shareholders through cash consideration.

Larsen & Toubro Limited has successfully completed its scheduled interest payment on non-convertible debentures, demonstrating the company's commitment to maintaining its debt obligations. The engineering and construction major paid Rs 144 crore as interest on April 23, 2026, adhering to its predetermined payment schedule.

Interest Payment Details

The interest payment relates to the company's substantial debenture issue, showcasing strong financial discipline in debt management. The payment was executed precisely on the due date without any delays or complications.

Payment Schedule and Compliance

The company maintained its yearly payment frequency for these debentures, with no changes reported in the payment structure. The interest payment follows the previous payment made on April 23, 2025, indicating consistent annual servicing of the debt instrument.

Larsen & Toubro filed the mandatory certificate under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the timely completion of the interest payment. The filing ensures full regulatory compliance and transparency with both BSE and NSE.

Financial Commitment

The Rs 144 crore interest payment represents the company's ongoing financial obligations on its Rs 1800 crore debenture issue. The timely payment reflects the company's strong cash flow management and commitment to honoring its debt servicing requirements. No redemption activities were reported during this period, with all redemption-related parameters marked as not applicable, indicating the debentures remain outstanding as per their original terms.