L&T to divest Nabha Power to Torrent Power
after close1 source ↓written by the desknot a recommendation
- in Nabha Power
- 100% equity
L&T Power Development Ltd has agreed to sell 100% equity in Nabha Power Ltd to Torrent Power. The transaction, pending regulatory approvals, reflects L&T's strategy to exit development projects and focus on core businesses. This divestment aims to unlock value for stakeholders and strengthen the company's position in the market.
Not investment advice. For informational purposes only.