Mumbai: Industrial conglomerate Larsen and Toubro Ltd (L&T) will list its IT services unit L&T Infotech by December this year, chairman A.M. Naik told CNBC TV18 on Tuesday.

The company, which has been looking to exit non-core businesses, will sell a 10% stake in the unit, Naik said in an interview to the business news channel.

L&T will also look at listing other businesses, including its hydrocarbons and transmission and distribution units over the next few years, Naik told CNBC TV18. Reuters