Larsen & Toubro (L&T) has entered into an Investment Agreement on November 5, 2024 for acquisition of a total of 41,71,410 Equity Shares of E2E Networks (comprising of an aggregate 21% of the Capital).

The acquisition is complementary for market approach in the fast-growing areas of AI and cloud services. Along with the acquisition, the company also proposes to enter into a software license agreement, reseller agreement and colocation agreement with E2E Networks. The acquisition of stake in E2E Networks is expected to be completed by December 31, 2024.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.