Larsen & Toubro Limited (L&T), a leading global technology, engineering, construction, and manufacturing company, has successfully completed the acquisition of a 15% stake in E2E Networks Limited through a preferential allotment. The transaction, which was finalized on December 4, 2024, marks a significant step in L&T’s strategy to expand its presence in the technology and data infrastructure sectors.
In addition to the preferential allotment, L&T is set to acquire an additional 6% stake from the promoters of E2E Networks Limited. The secondary acquisition is expected to be completed by May 30, 2025. This move further strengthens L&T’s position in the growing cloud computing and data center industry, aligning with its broader digital transformation and technology innovation goals.
E2E Networks Limited is a leading provider of cloud hosting and managed services, offering cutting-edge infrastructure solutions to businesses across industries. By acquiring a stake in E2E Networks, L&T aims to enhance its technological capabilities and leverage the expertise of E2E Networks to expand its digital services portfolio.
L&T’s acquisition of a significant stake in E2E Networks is in line with its ongoing efforts to diversify its business operations and capitalize on the growing demand for cloud computing and data services. This strategic investment will also allow L&T to access new growth opportunities and foster innovation in the rapidly evolving tech space.
