L&T Acquires Full Ownership Of L&T Sapura Shipping

27 Jan 2026 CW Team

Larsen & Toubro Limited (L&T) has completed the acquisition of 63,541,233 equity shares in L&T Sapura Shipping Private Limited from its joint venture partner, Sapura Nautical Power Pte Ltd, marking a significant corporate development for the group.

Following the transaction, L&T now holds 100 per cent of the share capital in L&T Sapura Shipping Private Limited, which has consequently transitioned from a joint venture to a wholly owned subsidiary of Larsen & Toubro Limited. The acquisition follows the company’s earlier disclosure to stock exchanges on January 12, 2026.

Although financial details of the transaction were not disclosed, the move is expected to provide L&T with full strategic and operational control over the marine and shipping business. Full ownership will enable closer integration of L&T Sapura Shipping’s operations with L&T’s core infrastructure and energy portfolios, potentially enhancing project execution capabilities and operational synergies.

The acquisition is aligned with L&T’s broader strategy of strengthening control over strategic assets and streamlining its organisational structure. By consolidating its stake in L&T Sapura Shipping, the company is positioned to optimise decision-making processes and enhance its ability to capitalise on opportunities in marine, offshore and energy-related projects.

The development underscores L&T’s focus on strengthening its integrated business model across engineering, construction and maritime services.

Real Estate

27 Jan 2026

A Paradigm Shift

The Indian real-estate and construction sector, which employs a significant number of organised and unorganised workers in the country, has embarked on a paradigm shift in its regulatory framework from an employment law perspective. With the four Labour Codes – the Code on Wages, 2019 (Wage Code); the Industrial Relations Code, 2020 (IR Code); the Code on Social Security, 2020 (SS Code) and the Occupational Safety, Health and Working Conditions Code, 2020 (OSH Code) – coming into effect in India from November 21, 2025, the industry is shifting away from a fragmented, contractor- driven com..

We offer end-to-end traceability at scale

mjunction has evolved from an e-auction pioneer into a multi-vertical digital commerce platform with deep expertise in complex steel and coal supply chains. Its end-to-end, AI-led architecture focuses on price discovery, traceability, compliance and scalability, enabling transparent procurement, efficient logistics and data-driven decision-making across geographies. Vinaya Varma, MD, shares more about the company in conversation with CW.From a technology standpoint, what are the core USPs of mjunction today that differentiate it in steel and coal supply chains?mjunction has evolved b..

Henkel, Rotary Recycle PoP Ganesha Idols Under Project HARMONY

Henkel India, in partnership with the Rotary Club of Navi Mumbai – Joy of Giving and with support from the Navi Mumbai Municipal Corporation (NMMC), has advanced circular sustainability through Project HARMONY by recycling Plaster of Paris (PoP) Ganesha idols into community learning assets. The initiative highlights an integrated approach to environmental restoration and social impact.As part of the project, materials collected after Ganesh Visarjan 2025 at Nerul were responsibly diverted from land and water bodies and processed at an authorised recycling facility, with on-ground execution s..