L&T to seek shareholders' nod to buyback shares worth up to Rs 9K cr
On the objective behind the buyback, the company said that L&T is currently following an asset-light business model, hence any significant investments which may utilise the cash is not envisaged.
Larsen & Toubro (L&T) today said that it will seek the approval of shareholders to buy back shares worth up to Rs 9,000 crore, Image source:PTI