Larsen & Toubro Limited has informed the Exchange about change in Management
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
L&T reported strong FY2026 results with record order inflows of ₹435,590 crore (up 22%), revenues of ₹285,874 crore (up 12%), and recurring PAT of ₹17,238 crore (up 18%). The Board recommended a final dividend of ₹38 per share (up from ₹34). Key management changes include appointment of Vijay Sankar as Independent Director (May 2026), re-appointment of Pramit Jhaveri for a second 5-year term (April 2027), and a CFO transition where P. Ramakrishnan takes over from R. Shankar Raman effective July 1, 2026. Shankar Raman continues as President and Whole-time Director - Finance. The 81st AGM is scheduled for June 5, 2026.
Strong financial performance and higher dividend signal healthy operations. The CFO transition represents routine succession planning as Shankar Raman moves to a broader finance leadership role while continuing at L&T. Overall, this is a stable management transition with no governance concerns.