Larsen & Toubro Limited has announced a media interaction to provide updates on its Middle East operations and employee safety measures. The session is scheduled for March 21, 2026 at 6:00 PM in Mumbai, responding to requests from members of the media fraternity for clarity on the company's regional operations.

Key Discussion Areas

The media interaction will address two primary focus areas that have drawn attention given the current regional environment in the Middle East:

Project Execution Updates

The company will provide comprehensive updates on the current status and progress of L&T's ongoing projects across the Middle East region. This includes detailed information on how the company is maintaining operational continuity despite the challenges posed by the prevailing regional environment. The updates aim to address stakeholder concerns about project timelines and delivery commitments in the region.

Employee Safety and Welfare Measures

A significant portion of the interaction will focus on the comprehensive measures undertaken by Larsen & Toubro to ensure the safety, security, and well-being of its workforce and their families deployed across Middle East geographies. The company will outline specific protocols that have been activated in response to the current situation in the region, demonstrating its commitment to employee welfare.

Regulatory Compliance

The company has explicitly confirmed that no unpublished price sensitive information (UPSI) will be shared during the media interaction, ensuring compliance with regulatory requirements. The session is designed to address queries specifically related to the safety of L&T's assets, projects, and personnel in the Middle East region.

Company Communication

The announcement was made through an official communication to BSE Limited and National Stock Exchange of India Limited under Regulation 30. The interaction represents L&T's proactive approach to stakeholder communication during challenging regional circumstances, providing transparency on operational matters while maintaining regulatory compliance.

Larsen & Toubro Limited has received crucial regulatory approvals for its proposed scheme of arrangement with L&T Realty Properties Limited, marking a significant step forward in the corporate restructuring process. The company announced receipt of observation letters from both BSE Limited and the National Stock Exchange of India Limited on March 19, 2026.

Regulatory Approval Timeline

The development follows the Board of Directors' approval of the scheme of arrangement on December 08, 2025, between Larsen & Toubro Limited (Transferor Company) and L&T Realty Properties Limited (Transferee Company) along with their respective shareholders and creditors. Subsequently, applications were filed with both stock exchanges under Regulation 37 of the SEBI Listing Regulations seeking their observation letters.

Key Regulatory Requirements

Both exchanges have outlined comprehensive compliance requirements that must be fulfilled. The primary conditions include ensuring compliance with Regulation 11 of SEBI LODR Regulations, 2015, and mandatory disclosure of all ongoing adjudication and recovery proceedings against the company, its promoters, and directors before NCLT and shareholders.

Critical Disclosure Requirements

The exchanges have mandated extensive disclosures to public shareholders, including:

• Rationale for the slump sale of realty undertaking and cost-benefit analysis
• Details of registered valuers and merchant bankers involved
• Latest financials not older than six months from the date of stock exchange approval
• Pre and post-scheme shareholding patterns with detailed explanations
• Revenue, PAT, and EBITDA details for the last three years
• Value of assets and liabilities being transferred
• Potential benefits and risks associated with the transaction

Compliance and Next Steps

The observation letters specify that any proposed equity shares issued under the scheme must be in demat form only. Additionally, no changes to the draft scheme can be made without specific written consent from SEBI, except those mandated by regulators, authorities, or tribunals.

Important Disclaimers

Both exchanges have clarified that submission of documents should not be construed as approval of the scheme's financial soundness or correctness of statements. The exchanges reserve rights to withdraw observations if information is found incomplete, incorrect, misleading, or false, or for any contravention of regulations.

The company has confirmed that copies of the observation letters are available on its investor website and has requested stakeholders to take note of this significant regulatory milestone in the proposed corporate restructuring.