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Larsen & Toubro Limited submitted a Letter of Offer dated September 13, 2023, for the buyback of up to 31,250,000 fully paid-up equity shares. These shares have a face value of Rs. 2 each and will be bought back at a price of Rs. 3,200 per share. The tendering period for shareholders is scheduled from September 18, 2023, to September 25, 2023.
| Date | 14 Sept 2023 |
| Time | 10:09:49 |
| Category | Miscellaneous |
| ID | 4640M |
Sub: Submission of Letter of Offer for buyback of up to 3,12,50,000 (Three Crore Twelve Lakh Fifty Thousand) fully paid up Equity Shares of Larsen & Toubro Limited ("Company") of face value of Rs. 2/- (Rupees Two only) each at a price of Rs. 3,200/- (Rupees Three Thousand Two Hundred Only) per Equity Share ("Buyback").
This is with regard to the captioned subject and is further to our letters dated August 29, 2023 and September 12, 2023 towards the submission of the Public Announcement dated August 26, 2023 and Addendum to Public Announcement dated September 11, 2023.
Letter of Offer dated September 13, 2023 along with the Tender Forms for shareholders holding shares in demat and physical form and Share Transfer Deed (Form SH-4) in relation to the Buyback 2023 is available on the below link:
https://investors.larsentoubro.com/listing-compliance-buyback.aspx
Please note that the tendering period is from Monday, September 18, 2023 to Monday, September 25, 2023. For more details, please refer the Letter of Offer.
The Letter of Offer and Tender Forms are also available on websites of the managers (i.e. JM Financial Limited and Axis Capital Limited) at www.jmfl.com and www.axiscapital.co.in, website of the Registrar to the buyback at www.karsima.kfintech.com and website of SEBI at www.sebi.gov.in.
This is for your information and records.