Larsen & Toubro Limited has successfully completed its scheduled interest payment on non-convertible debentures, demonstrating continued adherence to its debt servicing obligations. The engineering and construction major filed the mandatory regulatory certificate confirming the timely completion of interest payments.

Interest Payment Details

The company paid ₹288.00 crores as interest on its non-convertible debentures on January 22, 2026, exactly on the scheduled due date. The payment pertains to debentures with ISIN INE018A08BM2, which form part of a larger ₹4,000.00 crore issue.

Regulatory Compliance

Larsen & Toubro filed the certificate under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with the Master Circular dated May 21, 2024. The filing confirms that the interest payment was made without any delays or complications.

The company reported no changes in the payment frequency structure and confirmed that no redemption payments were applicable during this period. The certificate was signed by Narayan Subramanian, Company Secretary and Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited.

Debenture Structure

The non-convertible debentures follow an annual interest payment schedule, maintaining consistency with the established payment framework. The seven-day gap between the record date of January 7, 2026, and the payment date provided adequate processing time for the interest distribution.

The successful completion of this interest payment reinforces Larsen & Toubro's commitment to meeting its debt obligations as per the agreed terms and regulatory requirements.

Larsen & Toubro Limited has completed a significant corporate restructuring by acquiring the remaining stake in L&T Sapura Shipping Private Limited, transforming it into a wholly owned subsidiary. The engineering and construction major announced the completion of this strategic acquisition on January 21, 2026.

Acquisition Details

The company successfully acquired 6,35,41,233 shares previously held by Sapura Nautical Power Pte Ltd, which was the joint venture partner in L&T Sapura Shipping Private Limited. This acquisition represents the culmination of a process that was initially communicated to stock exchanges on January 12, 2026.

Corporate Structure Impact

With this acquisition, L&T Sapura Shipping Private Limited has transitioned from being a joint venture entity to becoming a wholly owned subsidiary of Larsen & Toubro Limited. This change in ownership structure provides the parent company with complete operational and strategic control over the shipping entity.

Regulatory Compliance

The acquisition was completed in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. Larsen & Toubro informed both BSE Limited and the National Stock Exchange of India Limited about the completion through official communication signed by Company Secretary & Compliance Officer Subramanian Narayan.

Strategic Significance

This acquisition consolidates Larsen & Toubro's position in the maritime and shipping sector by bringing the joint venture entity under complete ownership. The move eliminates the joint venture structure with Sapura Nautical Power Pte Ltd and provides greater operational flexibility for future business decisions in the shipping domain.