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Clarification

| Updated on November 27, 2014 Published on November 27, 2014

The Exchange had sought further clarification from Larsen & Toubro Ltd with respect to the disclosure made on November 24, 2014 to the Exchange titled "L&T Technology Services closes acquisition of Dells Engineering Services Business."

Larsen & Toubro Ltd in response to the Exchange query the company gave a reference to Press release submitted for acquisition on 8th October 2014 and stated, "L&T Technologies Services intends to acquire Dells Engineering Services business located at US and India, subject to regulatory approvals. The acquisition price is USD 12.5 million, subject to customary net asset adjustments at the time of closing. There are no further disclosures."

Source : BSE - www.bseindia.com

Published on November 27, 2014
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