Larsen & Toubro Buyback 2023 Record Date, Buyback Price, Entitlement Ratio

Last updated on September 14, 2023

Larsen & Toubro Buyback 2023 description – Headquartered in Mumbai, Larsen & Toubro is one of the largest and most respected companies in India’s private sector. With over 80 years of a strong, customer-focused approach and a continuous quest for world-class quality, Larsen & Toubro is a multinational conglomerate that is primarily engaged in providing engineering, procurement, and construction (EPC) solutions in key businesses such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets.

As of March 2023, the company notched annual Order Inflows of more than INR 2 lakh crore. Consequently, the Order Book of the company today stands at a record high of INR ~4 lakh crore which, apart from being well diversified, also provides a multiyear revenue visibility. The Group revenues stood at INR 1.8 lakh crore for the year, registering a growth of 17% year-on-year – the best achieved in the last five years. The Group’s operating PAT for the year, at INR 10,374 crore, grew by 21% year-on-year.

Larsen & Toubro Share Buyback 2023 Details

Larsen & Toubro Buyback Dates (Timeline)

Larsen & Toubro Buyback 2023 Documents

Letter of Offer
Public Announcement
Revised Buyback Offer Price
Board Approval
Upcoming Share Buyback

Larsen & Toubro Buyback Entitlement Ratio

Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.

Larsen & Toubro Financial Performance

Calculation of Investment in Buyback

Larsen & Toubro Buyback Acceptance Ratio

Registrar of Larsen & Toubro Buyback 2023

KFIN TECHNOLOGIES LIMITED
Selenium Tower B, Plot No – 31 & 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad Rangareddi,
500 032, Telangana, India
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com

Manager of Larsen & Toubro Buyback 2023

JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi Mumbai – 400 025
Phone: +91 22 6630 3030
Email: [email protected]
Website: www.jmfl.com

Process to Participate in Larsen & Toubro Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Frequently Asked Questions