L&T Acquires 12.25% Stake in IFQM for ₹12.5 Cr, Aiming to Drive Quality Management in Indian Industry Sept. 20, 2024, 9:22 a.m. Larsen & Toubro (L&T) has acquired 1.25 Crore equity shares in Indian Foundation for Quality Management (IFQM), representing a 12.25% stake.IFQM is a not-for-profit company aimed at … Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More