Larsen & Toubro (L&T) has been awarded a supply order by the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army, for the overhaul, upgrade and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems. This unique partnership between a domestic private OEM (Original Equipment Manufacturer) and the Indian Army, for sustenance of frontline artillery systems, is a significant step for product lifecycle support of Made-in-India, in-service Artillery systems. The partnership with the Corps of EME of the Indian Army aims to enhance long term operational availability and modernisation of Pinaka regiments currently in service with the Indian Army. The programme will focus on managing outdated components, upgrading critical sub-systems and providing sustained technical support to the Army Base Workshops. This affiliation shall also re-enforce Public Private Partnership model in defence sustenance and lifecycle support for frontline artillery systems. Under this initiative, 510 Army Base Workshop (ABW) EME will undertake overhaul and upgrade of critical electronics and systems, utilising the extensive domain knowledge inherent in Army Base Workshop. L&T, as the OEM, shall supply critical spares and support the modernisation of sub-systems, enabling a shift from conventional maintenance practices to a structured, lifecycle-based sustenance and upgrade framework. In the initial phase, L&T shall jointly undertake a pilot overhaul of Pinaka Launcher and Battery Command Post in collaboration with 510 ABW. Upon successful completion of the pilot phase, remaining systems shall be overhauled by 510 ABW of the Corps of EME, with L&T continuing to provide critical spares, technical support and quality oversight.This model is expected to serve as a blueprint for similar lifecycle management and upgrade programmes across other defence platforms, strengthening India`s self reliant and future-ready defence ecosystem. The approach aligns with the Aatmanirbhar Bharat vision, by leveraging indigenous design, manufacturing and systems integration capabilities.Powered by Capital Market - Live News

Larsen & Toubro has incorporated a wholly owned subsidiary viz, �SuFin� on 02 January 2026. This intimation is being issued by the Company, pursuant to receipt of Certificate of Incorporation of SuFin from Ministry of Corporate Affairs on 07 January 2026. SuFin is formed for the purpose of engaging in wholesale trade through e-commerce. Sufin has been formed primarily to continue the current Sufin Business carried by the Company on the terms to be agreed in future.Powered by Capital Market - Live News

The Minerals & Metals (M&M) business vertical of L&T has secured major orders from the Steel Authority of India (SAIL) and other customers, for EPC projects and products in the domestic metals sector. According to the company`s project classification, the orders valued in the range of Rs 5,000 crore to Rs 10,000 crore. L&T and SAIL share a long-standing relationship spanning several decades, marked by the successful execution of numerous metallurgical projects across India. This partnership continues to play a pivotal role in advancing India`s steel manufacturing ecosystem through innovation, capacity augmentation and sustainable development.Under its ambitious modernisation and expansion programme, SAIL plans to increase the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal, from 2.5 MTPA to 6.5 MTPA. As part of this expansion, M&M has been awarded the complete engineering, procurement and installation package for critical process plants, including the Coke Oven Battery, By-Product Plant, Basic Oxygen Furnace and a specialised equipment package for material handling, which together form the core of the new steel complex.Simultaneously, SAIL`s Bokaro Steel Plant (BSL) in Jharkhand is undergoing a major upstream expansion, for which L&T has been awarded a package to establish Sinter Plant #2, reinforcing its strong presence in the steel sector. In addition, the M&M business has secured multiple orders for specialised material handling equipment, including Stacker Reclaimers and Wagon Tipplers, from various clients across India, reflecting its capability to deliver technologically advanced and reliable solutions across the minerals and metals value chain.  Powered by Capital Market - Live News

 The Transportation Infrastructure business vertical of L&T has won a significant order for Hyderabad Greenfield Radial Road. According to the company`s project classification, the order is valued between Rs 1,000 crore and Rs 2,500 crore. This order pertains to Phase-2 of the Greenfield Radial Road, wherein a 22.3 km 3+3 lane access-controlled radial road is being constructed in the Ranga Reddy district. L&T`s scope involves construction of a 3.6 km long viaduct, minor bridges, underpasses and culverts. Construction of service roads on both sides, extensive retention structures, storm water drainage system, footpaths, cycle track and landscaping works is also in L&T`s scope. This is the first of several planned radial roads linking Hyderabad`s outer ring road to the upcoming regional ring road. It will improve regional connectivity and support growth, providing better access to IT hubs, Electronic City, the Young India Skills University and the Bharat Future City.Powered by Capital Market - Live News

The Transportation Infrastructure business vertical of L&T has won significant order for Mumbai metro railway project. According to the company`s project classification, the value of the order is in the range of Rs 1,000 crore to Rs 2,500 crore. The Mumbai metro railway project, Package CA-298, awarded by Mumbai metropolitan Region Development Authority (MMRDA), pertains to the electrification of 24.72 Km long Line 4 that runs between Bhakti Park (Wadala) to Cadbury junction having 22 elevated stations. The scope encompasses design, manufacture, supply, installation, integration, testing and commissioning of power supply and traction systems for 24.72 route km and provision of SCADA system for complete Metro line 4 & 4A for 32 stations, depots and receiving substation. All work will be carried out by L&T`s in-house design and execution team. The scope also includes electrical and mechanical works, Lift & Escalators for 22 elevated stations and 2 Depots, along with five years of comprehensive maintenance. This is the third successive order that L&T has won in the Line-4&4A corridor of Mumbai Metro. It had earlier won the order for Package CA-234, involving rolling stock, Communications-Based Train Control (CBTC) signalling, telecommunications, platform screen doors and depot machinery & plant for the entire corridor, and another order for Package CA-168, involving 19.5 km ballast-less track-works across 15 stations. Powered by Capital Market - Live News