What was filed
Larsen & Toubro told the exchanges that its Residential, Commercial Buildings & Factories (RCF) vertical has secured what it terms a "Major" order from a reputed client for a large-scale housing redevelopment project in Mumbai. The disclosure accompanies a press release issued the same day.
The filing does not name the client or state a specific contract value. Instead, L&T applies its own order-classification band: a "Major" order sits in the ₹5,000 crore to ₹10,000 crore range per the classification table in the release.
Scope of the work
Per the filing, the scope covers the design and construction of 26 high-rise residential towers, each rising to 120 metres, on a turnkey basis, including structural works, architectural finishes and electromechanical services.
L&T said it will deploy its large-wall panel precast construction technology to meet the project's delivery schedule, manufacturing building components at a precast facility and assembling them on site. The rest of the release restates the RCF vertical's existing capabilities and general group background.