Canada Pension Plan Investment Board invests in L&T IDPL (a subsidiary of L&T)
CPPIB via subsidiary ma
de initial investment of Rs 1,000 crore2nd tranche of Rs 1,000 crore or higher may be agreed between L&T, IDPL & CPPIB’s unit
Initial funding by way of subscription to compulsorily convertible preference shares
Second tranche will be invested after 12 months from date of initial investment
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