L&T's finance arm IPO likely this quarter

Larsen & Toubro is likely to have an initial public offer this quarter for its finance arm, a senior company official said on Wednesday.

January 12, 2011 / 10:20 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Larsen & Toubro is likely to have an initial public offer this quarter for its finance arm, a senior company official said on Wednesday.

"It all depends on market conditions, markets have to be somewhat stable," Chief Financial Officer YM Deosthalee told reporters on the sidelines of a confernece.

first published: Jan 12, 2011 10:05 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347