LTNSELarsen & Toubro Limited· EngineeringMediumNeutral
Announced Sun, 24 May · 18:18 IST

Larsen & Toubro Limited has informed the Exchange regarding Cessation of Mr. Sanjeev Aga as Independent Director of the company w.e.f. May 24, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹3933.00
prior close
₹3970.00
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After-mkt
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+0.7+0.7+0.7+0.8+2.6+3.0+4.0+2.0+2.0+0.4+6.3+6.8-3.2
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AI summary

Larsen & Toubro Limited has announced that Mr. Sanjeev Aga (DIN: 00022065) has concluded his tenure as an Independent Director effective May 24, 2026. The cessation occurred upon completion of his second and final term as an Independent Director. This is a routine, pre-planned expiration of a fixed term appointment and not a sudden or unexpected departure. The company has expressed appreciation for his valuable contributions, guidance, and services during his association with the company. Subramanian Narayan, Company Secretary & Compliance Officer, signed the disclosure filed with BSE and NSE under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a routine board change with no immediate impact on operations. Shareholders should note the departure of an experienced independent director, but the company has had advance notice of this transition.