News

Larsen & Toubro announced that CRISIL ESG Ratings & Analytics (CRISIL) has on 23 June 2026, has revised the Company`s ESG score from �CRISIL ESG 62� to �CRISIL ESG 67� under the category �Strong�.

L&T GeoStructure, a wholly-owned subsidiary of Larsen & Toubro, has recently secured multiple orders in India. According to the company`s project classification, the value of the these orders ranges between Rs 1,000 crore to Rs 2,500 crore. These include its largest-ever piling order, secured from JSW Utkal Steel � a subsidiary of JSW Steel � at the 10 MTPA Integrated Steel Plant at Paradeep, Odisha. The project spans nine major packages and involves critical structures such as the Blast Furnace, Hot Strip Mill and Steel Melting Shop, involving piling works of approximately 30 lakh running metres to be executed within a stringent timeline. This apart, the business has secured two separate orders from the Inland Waterways Authority of India (IWAI) for the engineering, procurement and construction of Ship Repair Facilities (SRF) at Patna and Varanasi. The state-of-the-art SRFs, planned in Bihar and Uttar Pradesh respectively, will feature advanced Ship Lift and Transfer Systems, including an 800-tonne boat hoist, to support the repair and maintenance of inland vessels. The projects will significantly strengthen the inland water transport ecosystem along National Waterway-1 (River Ganga). The business has also secured an order for the construction of India`s first yacht marina at Mumbai Harbour. Awarded by the Mumbai Port Authority, the project will comprise an approach trestle, piled breakwater, service platforms, concrete pontoons and gangways to enable safe and efficient yacht operations. It is poised to position Mumbai as a global maritime tourism hub while advancing India`s broader blue economy ambitions.

Larsen & Toubro announced that Sanjeev Aga (DIN: 00022065) will conclude his tenure as an Independent Director of the Company effective the closing hours of 24 May 2026, upon completion of second and final term.

Larsen & Toubro (L&T) has entered a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy`s Mine Counter Measure Vessels (MCMVs) programme. L&T and Exail will together provide the Indian Navy with a state-of-the-art Unmanned MCM Suit, incorporating autonomous and remotely operated systems designed to detect, classify, identify and neutralise naval mines in a safe, stand-off manner. L&T, as the prime contractor, will offer the Unmanned MCM Suite to all shipyards participating in Indian Navy`s upcoming programme for 12 Mine Counter Measure Vessels. Exail will serve as the technology partner. The partnership will enable the delivery of Exail`s globally proven MCM technologies, already in operation with several navies worldwide and validated through extensive real-world deployments. The collaboration represents a major step towards strengthening India`s mine countermeasure capabilities, enhancing maritime security and reinforcing Indo-French defence cooperation, while building a robust and self-reliant naval defence manufacturing ecosystem in India. Commenting on the development, Arun Ramchandani, Senior VP & Head -Precision Engineering & Systems, L&T, said: �This partnership brings together L&T, with its extensive defence products legacy and maritime capabilities, and Exail, a global leader in unmanned maritime systems and mine warfare technologies. Exail contributes decades of proven operational expertise, while L&T leverages its strengths in defence engineering, indigenous manufacturing, complex system integration and lifecycle support�.

The Power Transmission & Distribution (PT&D) business vertical of Larsen & Toubro has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations. According to the company`s project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore. The orders pertain to constructing one 380 kV substation and two 132 kV substations. These high-capacity substations will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands. The orders have been awarded to PT&D on turnkey basis and are to be delivered against stringent timelines.