L&T Finance Limited has received a request from Nabha Power Limited to re-classify its status from the Promoter Group to the Public category. The request follows the cessation of Nabha Power as a subsidiary of L&T Power Development Limited, a wholly owned subsidiary of Larsen & Toubro Limited. This change occurred after L&T Power Development transferred 100% of its equity and convertible instruments in Nabha Power to Torrent Power Limited.

Nabha Power confirmed in a letter dated June 26, 2026, that it fulfills and will continue to fulfill the conditions specified under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company currently holds nil shareholding in L&T Finance Limited.

The request for re-classification will be placed before the Board of Directors of L&T Finance Limited at its upcoming meeting for consideration. The disclosure was made pursuant to Regulation 31A of the SEBI Listing Regulations and other applicable regulations.

Key Details

L&T Finance has scheduled a series of investor meetings in June 2026, featuring a site visit in Bengaluru and a financial conference in Mumbai. The company confirmed that no unpublished price sensitive information would be shared during these interactions, with presentations remaining consistent with those available on its website and stock exchanges.

Schedule of Meetings

The meetings, communicated to the National Stock Exchange of India Limited and BSE Limited, are aimed at institutional investors and analysts. The schedule is subject to change based on exigencies faced by the investors or the company.

Disclosure and Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. L&T Finance clarified that the content shared during the meets would not involve any material information not already in the public domain.