L&T Board Approves Realty Business Transfer

Larsen & Toubro, a big engineering and construction company, has decided to move its real estate business to a fully-owned smaller company called L&T Realty Properties.

This decision was made by the company's board on December 8, 2025, in Muscat, Oman.

The real estate part of L&T made ₹640.57 crore in the first half of 2025, which is a small part of L&T's total money.

To make this move happen, L&T Realty Properties will give L&T a lot of new shares.

The plan still needs approval from shareholders, creditors, and some regulators.

Once everything is approved, the real estate business will officially become part of L&T Realty Properties.

This change won't affect who owns L&T's shares.

On the day of the announcement, L&T's share price went down a little.