Larsen & Toubro Limited has informed the Exchange regarding Cessation of Mr. Arvind Kumar Garg as Senior Vice President & Head, Construction & Mining Machinery Business and Industrial Machinery Business of the Company w.e.f. close of business hours on July 01, 2025.
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Mr. Arvind Kumar Garg, who served as Senior Vice President and Head of L&T's Construction & Mining Machinery Business and Industrial Machinery Business, retired on July 1, 2025, on account of superannuation. He had been heading two key machinery-related business verticals of the company. Importantly, L&T has retained him as an Advisor to the Chairman & Managing Director starting July 2, 2025, ensuring continuity of his expertise. The company has disclosed this under SEBI LODR Regulation 30 as a senior management change.
This is a routine, planned retirement rather than a sudden exit, and his retention as an advisor to the CMD should ensure a smooth handover. Shareholders are unlikely to see any material disruption to business operations or stock price from this announcement.