Larsen & Toubro (L&T) has completed the acquisition of 6,35,41,233 shares in L&T Sapura Shipping Private Limited, previously held by Sapura Nautical Power Pte Ltd. With this acquisition, announced on January 21, 2026, L&T Sapura Shipping Private Limited has become a wholly owned subsidiary of L&T. The acquisition was initially intimated on January 12, 2026.
L&T Gains Full Control
On January 21, 2026, Larsen & Toubro (L&T) announced the completion of a significant acquisition, bringing L&T Sapura Shipping Private Limited fully under its control. This strategic move will allow L&T to consolidate its position in the shipping sector.
Details of the Acquisition
The acquisition involved 6,35,41,233 shares of L&T Sapura Shipping Private Limited, previously held by Sapura Nautical Power Pte Ltd (JV Partner). This transaction, as per the announcement, makes L&T Sapura Shipping Private Limited a wholly owned subsidiary of Larsen & Toubro effective January 21, 2026.
Source: BSE
