LTTS to sell Smart World unit for ₹452 crore to refocus on AI strategy
L&T Technology Services (LTTS) on Thursday said it will sell its Smart World and Communication (SWC) division to AMI Paradigm Solutions as part of its five-year strategy to refocus on AI-led digital and engineering capabilities.
The transaction, valued at ₹452 crore, will be executed on a slump sale basis, subject to adjustments for working capital, ndebt and other conditions. It is expected to close on or before September 30, 2026.
