L&T Realty to Acquire 100% Stake in International Green Scapes for ₹11.2 Billion

Larsen & Toubro's wholly owned subsidiary, L&T Realty Properties, has signed agreements to acquire 100% stake in International Green Scapes Limited (IGSL), the company said in a press release.

The acquisition will be completed for a cash consideration of ₹11.2 billion and is expected to close by April 15. IGSL operates in the real estate sector and had no turnover in 2024-2025.

The company said the acquisition will allow L&T Realty to leverage IGSL’s land bank to expand and strengthen its real estate development portfolio.

Post completion, IGSL will become a wholly owned subsidiary of L&T Realty Properties.