Larsen & Toubro Share Surges 3%; Completes Amalgamation of SiliConch Systems with Semiconductor Arm

Larsen & Toubro has streamlined its semiconductor vertical by completing the amalgamation of SiliConch Systems Private Limited with its wholly owned subsidiary, L&T Semiconductor Technologies Limited. 

Merger Finalised Under Approved Scheme 

The consolidation has been executed under a Scheme of Amalgamation sanctioned by the Regional Director of the Ministry of Corporate Affairs. The approval was granted earlier in March 2026, paving the way for integration within the group’s semiconductor operations. 

The appointed date for the merger has been set as August 10, 2025. 

Effective Completion and Structural Impact 

The amalgamation became effective on March 24, 2026, following the filing of the necessary order with the Registrar of Companies. With this, SiliConch Systems has been fully absorbed into L&T Semiconductor Technologies. 

As a result, the entity has ceased to exist as a separate step-down subsidiary within the L&T group structure. 

Focus on Simplifying Semiconductor Operations 

SiliConch Systems was previously a wholly owned subsidiary of L&T Semiconductor Technologies and formed part of the broader semiconductor ecosystem within the group.  

The merger is aimed at consolidating operations and improving organisational efficiency within this segment. 

The move aligns with L&T’s broader strategy of strengthening its presence in high-growth technology and semiconductor businesses. 

Read More: L&T Share Price in Focus as Operations Remain Unaffected by Middle East Tensions! 

L&T Share Price Performance  

As of March 25, 2026, at 11:15 AM, L&T share price is trading at ₹3,632.00 per share, reflecting a surge of 3.28% from the previous closing price.  

Conclusion 

The amalgamation reflects L&T’s ongoing efforts to streamline its corporate structure and enhance operational efficiency, particularly within its emerging semiconductor vertical. 

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