Hyderabad Metro Rail divestment unlocks capital for core engineering, tech-led businesses: L&T CMD
Larsen & Toubro (L&T) has signed an agreement to divest its entire stake in L&T Metro Rail (Hyderabad) to the Telangana government's Hyderabad Metro Rail Limited (HMRL). The transaction reflects L&T's strategy to monetize mature infrastructure assets and reallocate capital toward its core engineering and technology businesses. The move aligns with the company's broader plan to exit development projects and focus on high-growth sectors.
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Larsen & Toubro (L&T), which on Wednesday (April 29, 2026), signed an agreement with Telangana government enterprise Hyderabad Metro Rail (HMRL) to divest its entire stake in L&T Metro Rail (Hyderabad) (LTMRHL), said the divestment represents a value-driven monetisation of a mature infrastructure asset.The move is aligned with L&T’s broader strategy of exiting the development projects portfolio and unlocking capital for redeployment in its core engineering and technology-led businesses, it said on Thursday (April 30, 2026).
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