The board will consider raising funds by way of issuance equity shares or other eligible securities through a private placement, a qualified institutions placement or a preferential issue, the company said in a statement. (Reuters)
The Board of Directors of Larsen & Toubro (L&T) decided to confer the status of Chairman Emeritus on AM Naik after he decided to step down as Non-Executive Chairman of the L&T Group at the end of his tenure on 30th September 2023. The Board of Directors also appointed SN Subrahmanyan as Chairman and Managing Director from October 1, 2023.
SC Constitution bench to pronounce on Thursday its verdict on Centre-Delhi govt row over control of services in national capital. (PTI)