L&T Finance Limited has informed the Exchange about change in Management
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L&T Finance Limited has informed about a change in Senior Management Personnel classification. Ms. Shatabdi Basu Gupta, who serves as the Chief Human Resources Officer (CHRO), has been formally categorized as Senior Management Personnel (SMP) effective May 27, 2026. This is a reclassification rather than an appointment or resignation — Ms. Basu Gupta was already serving as CHRO. The change was approved by the Nomination and Remuneration Committee (NRC) at its meeting on May 27, 2026. Ms. Basu Gupta brings over 27 years of HR experience, having previously worked at Larsen & Toubro Limited where she led the HR Business Partnering model and compensation & benefits function.
This is a formal administrative reclassification with no material impact on the company's leadership or operations. The CHRO continues in her role, and the change primarily reflects enhanced disclosure and governance transparency.