L&T acquires 12.25% stake in Indian Foundation for Quality Management
- Posted on September 20, 2024
- By Business News Today
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L&T acquires 12.25% stake in Indian Foundation for Quality Management
Larsen & Toubro has acquired a 12.25 per cent stake in the Indian Foundation for Quality Management by purchasing 12.25 crore equity shares for Rs 12.5 crore. This move aligns with L&T's goal to enhance Brand India globally through continuous improvements in product and service quality.