Larsen & Toubro Limited has incorporated a wholly owned subsidiary in the Netherlands to strengthen its presence in the offshore wind energy sector. The company announced the establishment of L&T Energy Offshore Wind B.V., which was registered with the Dutch Trade Register on February 10, 2026.

Subsidiary Details

The new subsidiary has been incorporated with specific parameters designed for offshore wind operations:

Business Focus and Operations

L&T Energy Offshore Wind B.V. has been formed specifically for engaging in offshore wind business operations. The subsidiary will be dedicated to advancing clean and sustainable energy solutions through comprehensive service offerings.

The entity will provide turnkey EPCIC services, which include:

• Engineering, Procurement, Construction, Transportation, Installation and Commissioning
• Specialization in offshore HVAC/HVDC substations
• Wind Turbine Generator (WTG) foundations
• Both fixed and floating structures

Financial Structure

The subsidiary has been established through a cash subscription model, with Larsen & Toubro subscribing to 100% of the share capital amounting to 1 EURO. As a newly incorporated entity, L&T Energy Offshore Wind B.V. is yet to commence its business operations, making turnover and operational history not applicable at this stage.

Regulatory Compliance

The incorporation has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no governmental or regulatory approvals were required for this acquisition, and the subsidiary formation does not fall under related party transactions requiring arm's length considerations.

This strategic expansion into the Netherlands positions Larsen & Toubro to capitalize on the growing offshore wind energy market in Europe, leveraging its engineering and construction expertise in the renewable energy sector.

Larsen & Toubro executed a significant block trade on the National Stock Exchange (NSE), marking notable trading activity for the engineering and construction major. The transaction represents substantial institutional involvement in the company's shares.

Block Trade Details

The block trade executed on NSE involved considerable volume and value, reflecting significant market activity.

Market Implications

Block trades typically represent large institutional transactions that occur outside the regular market mechanism to minimize price impact. Such transactions often involve mutual funds, insurance companies, foreign institutional investors, or other large stakeholders making significant portfolio adjustments.

The execution at ₹4050.20 per share indicates the price level at which institutional participants were willing to transact in Larsen & Toubro shares. Block deals are commonly used for large volume transactions to ensure efficient execution without affecting the stock's market price through regular trading channels.