{"id":831285,"date":"2024-07-10T10:04:38","date_gmt":"2024-07-10T04:34:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=831285"},"modified":"2024-07-10T10:15:24","modified_gmt":"2024-07-10T04:45:24","slug":"semiconductor-biz-expansion-lt-to-acquire-siliconch-systems-for-rs-183-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/10\/semiconductor-biz-expansion-lt-to-acquire-siliconch-systems-for-rs-183-crore\/","title":{"rendered":"Semiconductor biz expansion: L&amp;T to acquire SiliConch Systems for Rs 183 crore"},"content":{"rendered":"<p>Larsen &amp; Toubro Ltd on Tuesday announced that its wholly owned subsidiary, L&amp;T Semiconductor Technologies Limited has entered into a share purchase agreement to acquire 100 per cent stake in SiliConch Systems Private Limited. <\/p>\n<p>In a regulatory filing, L&amp;T said that the acquisition cost consists of an upfront amount of Rs 133 crore payable at closing, subject to customary closing adjustments, and a deferred amount of Rs 50 crore payable over 4 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larsen &amp; Toubro Ltd on Tuesday announced that its wholly owned subsidiary, L&amp;T Semiconductor Technologies Limited has entered into a share purchase agreement to acquire 100 per cent stake in SiliConch Systems Private Limited. In a regulatory filing, L&amp;T said that the acquisition cost consists of an upfront amount of Rs 133 crore payable at closing, subject to customary closing adjustments, and a deferred amount of Rs 50 crore payable over 4 years.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-831285","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=831285"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831285\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=831285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=831285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=831285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}