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Larsen & Toubro Clarifies Kuwait Oil Project Tender News
Larsen & Toubro Limited
January 13, 2026, 09:04 AM
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Larsen & Toubro Limited has issued a clarification regarding a news item that appeared on www.moneycontrol.com on January 13, 2026, captioned “Kuwait is discussing cancellation of oil project tenders worth $8.7 bn, says report; L&T shares fall 3%: Here's why”.
The company stated that the projects referred to in the media report were not part of Larsen & Toubro's order book. Therefore, the company cannot comment on the status of tenders or the commercial decisions of its clients.
This clarification was issued in response to an email seeking clarification from BSE Limited and the National Stock Exchange of India Limited, dated January 13, 2026.
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