Larsen & Toubro has executed a major bulk deal transaction, acquiring 5.6 million units of Capital Infra Trust at ₹69.50 per unit. The transaction highlights the company's continued investment strategy in infrastructure-related assets.

Transaction Details

The bulk deal was completed through the stock exchange platform, with specific parameters outlined below:

Strategic Investment

The acquisition represents a significant investment by Larsen & Toubro in Capital Infra Trust, demonstrating the company's commitment to expanding its presence in infrastructure-related investments. Bulk deals typically indicate substantial transactions executed outside the normal trading process, often involving institutional investors or large stakeholders.

Market Implications

This transaction reflects Larsen & Toubro's strategic approach to infrastructure investments, utilizing the bulk deal mechanism for efficient execution of large-volume transactions. The fixed price of ₹69.50 per unit suggests a negotiated transaction structure typical of institutional investment activities.

Larsen & Toubro has announced the successful acquisition of major Engineering, Procurement and Construction (EPC) contracts for power transmission projects across domestic and international markets through its Power Transmission & Distribution (PT&D) vertical. The company disclosed these developments in an official press release issued on February 25, 2026, demonstrating its continued strength in the power infrastructure segment.

Contract Portfolio Overview

The secured contracts encompass a comprehensive range of power transmission infrastructure development across key regions. According to L&T's order classification system, these projects fall under the "Major" category, indicating a value range of ₹5,000 to ₹10,000 crore.

Domestic Infrastructure Development

The Indian component focuses on strengthening power transmission infrastructure in West Bengal's industrial heartland. The project involves design, supply and construction of two 220 kV Gas Insulated Substations specifically located in the Durgapur-Raniganj-Asansol industrial belt. The scope includes associated transmission line segments featuring advanced conductors and multi-circuit towers, aimed at providing stable voltage profiles and enhanced reliability for infrastructure and industrial projects in the region.

International Market Expansion

The Middle East contracts represent significant international undertakings spanning three different countries in the region. PT&D has secured orders from key utilities for turnkey construction of five substations complemented by over 250 km of transmission lines, with projects reaching up to 500 kV level. One notable project includes supplying and installing a 400 kV underground cable system, showcasing the company's technical capabilities in complex power infrastructure.

Strategic Market Context

According to the company's statement, grid investments have become high-priority areas for economic leaders due to surging demand, shifting energy mix, and security-driven initiatives. These contract wins reflect customer trust in L&T's ability to deliver safe, sustainable, and timely grid infrastructure solutions. The orders strengthen L&T's position as a leading player in power transmission infrastructure, spanning both domestic and international markets with substantial additions to the company's order book.