Larsen & Tubro concludes transfer of L&T-NxT to Mindtree

Larsen & Tubro announced that the Company has consummated the transfer of its digital transformation business undertaking, incubated and conducted as L&T-NxT (NxT Digital Business) to Mindtree, a listed subsidiary company.

The transfer is effective from 01 July 2021, consequent to completion of customary conditions precedent, agreed under the Business Transfer Agreement dated 20 May 2021, between the Company and Mindtree.

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