Mumbai, Jan 6 :     The board of Larsen & Toubro Ltd (L&T) will meet again tomorrow to discuss the report prepared by management consultant Boston Consulting Group (BCG) to restructure the company. The board today failed to arrive at a consensus over the recommendations made by BCG. 'The meeting remained inconclusive. The board will meet again tomorrow to discuss the issue,'' L&T officials said. The officials remained non-commital on whether a final decision on restructuring will be taken tomorrow, though industry circles expect L&T to make some announcement after the meeting. There has been intense speculation in industry circles of L&T planning to hive off its cement operations into a separate subsidiary with the majority stake going to a foreign company. Reports of the company hiving off its information technology division into a separate company and list it on the Nasdaq are also doing the rounds. After it implements the BCG recommendations, L&T is expected to operate mainly in engineering, procurement and construction, with interests in electricals and electronics, earth moving equipment and tractors. It is also believed that some joint ventures of the company will be sold off. A spokesperson for the company refused to comment on the reports. He said the company would make the BCG recommendations public in a week, and the action it intends to take on them. At present, L&T has four major lines of business: engineering and construction (which contributes 54 per cent to its sales); cement (23 per cent); electrical and electronics (11 per cent) and earth moving equipment (5 per cent).