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India

Larsen & Toubro Ltd (LART.NS)

LART.NS on National Stock Exchange of India

1,302.35INR
21 Jan 2020
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Summary

Name Age Since Current Position

A. Naik

77 2017 Group Non-Executive Chairman of the Board

S. Subrahmanyan

59 2018 Chief Executive Officer, Managing Director, Whole-time Director

R. Shankar Raman

60 2011 Chief Financial Officer, Whole-time Director

Jayant Patil

64 Senior Executive Vice President of Defence Business and Whole-Time Director

Shailendra Roy

67 2019 Senior Executive Vice President - Power, Whole-time Director

M. Satish

62 2016 Senior Executive Vice President - Buildings, Minerals and Metals, Whole-Time Director

D. Sen

63 2015 Senior Executive Vice President - Infrastructure, Whole-time Director

Hasit Joshipura

2019 Senior Vice President, Head Electrical and Automation

Sivaram Nair

2020 Compliance Officer, Company Secretary

Hemant Bhargava

60 2018 Non-Executive Director - Nominee of Life Insurance Corporation of India

Arvind Gupta

2017 Non-Executive Director - Nominee of SUUTI

Subramanian Sarma

61 2017 Non-Executive Director

Sunita Sharma

60 2015 Non-Executive Director - Nominee of Life Insurance Corporation of India

Sanjeev Aga

67 2016 Non-Executive Independent Director

Subodh Bhargava

77 2007 Non-Executive Independent Director

M. Chitale

70 2004 Non-Executive Independent Director

M. Damodaran

72 2012 Non-Executive Independent Director

Akhilesh Gupta

2014 Non-Executive Independent Director

Naina Kidwai

62 2016 Non-Executive Independent Director

Narayanan Kumar

69 2016 Non-Executive Independent Director

Thomas Mathew T.

66 2015 Non-Executive Independent Director

Vikram Mehta

67 2012 Non-Executive Independent Director

Ajay Shankar

2015 Non-Executive Independent Director

Adil Zainulbhai

65 2014 Non-Executive Independent Director

Biographies

Name Description

A. Naik

Mr. A. M. Naik serves as Group Non-Executive Chairman of the Board of the Company. He joined Larsen and Toubro Limited as a Junior Engineer in 1965, and was rapidly given positions of increasing responsibility. He led the company through some of its most challenging times, and enabled it to emerge stronger each time. His broad global perspective has seen the company expand its horizons beyond domestic borders to become a global player. Mr. A. M. Naik heads an organisation that is among the most admired companies in India, reputed for the technological excellence that characterises its projects and products, for its contribution to the development of indigenous engineering capabilities, and for its professionalism and value systems.

S. Subrahmanyan

Mr. S. N. Subrahmanyan serves as Chief Executive Officer, Managing Director, Whole-time Director of the Company. He is currently serves as President, Deputy Managing Director, Whole-time Director of Larsen and Toubro Limited. He is a civil engineer with post graduate qualifications in business management. He joined L&T in 1984 starting off as project planning engineer, and was soon handpicked for senior responsibilities. Mr. Subrabmanyan’s notable achievements include playing a pivotal role in securing and managing EPC contracts for construction of four international airports in India at Bangalore, Hyderabad, Delhi and Mumbai. The Buildings & Factories business has grown rapidly under his leadership, and has executed many prestigious jobs such as ICICI Bank, National Stock Exchange Buildings and Tidel Park.

R. Shankar Raman

Mr. R. Shankar Raman serves as Chief Financial Officer, Whole-time Director of the Company. He is a Commerce graduate from the University of Madras, Chennai. He qualified as a Chartered Accountant in May 1983 and became a Graduate of the Institute of Cost & Works Accountants of India in 1986. He joined L&T Group in 1994 for setting up L&T Finance Limited, a subsidiary of Larsen & Toubro Limited (L&T). He has vast experience in the Finance, Taxation, Risk Management, Legal and Investor Relations.

Jayant Patil

Shailendra Roy

Mr. Shailendra Narain Roy serves as Senior Executive Vice President - Power, Whole-time Director of the Company. He holds a Bachelor of Technology degree, and started his career in 1975 as an Engineer with Bharat Heavy Electricals Limited's manufacturing unit at Haridwar. Before joining L&T, he was managing director & CEO of Bharat Heavy Plates & Vessels (BHPV) from 2002 to 2004. He has vast experience in Thermal Power, Heavy Engineering, Defence & Aerospace Industry.

M. Satish

Mr. M. V. Satish serves as Senior Executive Vice President - Buildings, Minerals and Metals, Whole-Time Director of the Company. He is responsible for Buildings & Factories, which is the largest business vertical of L&T and Metallurgical & Material Handling. He has vast experience in Construction, Business Development, Contracts Management and Property Development in India and GCC region. He holds BE (Civil).

D. Sen

Mr. D. K. Sen serves as Senior Executive Vice President - Infrastructure, Whole-time Director of the Company. He qualified B.Sc Engg. (Civil), MBA (Finance). He has vast experience in Design and Engineering, Business Development, Tendering and construction. He works with L&T Infrastructure Engineering Limited.

Hasit Joshipura

Sivaram Nair

Mr. Sivaram Nair is appointed as Compliance Officer, Company Secretary of the Company, effective January 1, 2020. Joined as Sr. Jt. Company Secretary of Larsen and Toubro Limited on 1 December 2017. Sivaram Nair has 30 years of experience in the Secretarial, Legal and Compliance fields. Prior to joining L&T, Sivaram Nair was the Executive Vice President, Company Secretary, General Counsel and Ethics officer of Mphasis Limited. He was handling legal, secretarial, internal audit, M&A and ethics in Mphasis. He was part of Mphasis' Executive Council from 2008 till he left in October 2017 and had an overall stint of about 13 years in Mphasis.

Hemant Bhargava

Mr. Hemant Bhargava serves as Non-Executive Director - Nominee of Life Insurance Corporation of India of the Company. He has been served as LIC Pension Fund Limited 2. LIC HFL Asset Management Company Limited 3. LIC HFL Care Homes Limited 4. LIC Mutual Fund Trustee Private Limited 5. Voltas Limited 6. Infrastructure Leasing and Financial Services Limited 7. The Tata Power Company Limited.

Arvind Gupta

Subramanian Sarma

Mr. Subramanian Sarma serves as Non-Executive Director of the Company. His Qualifications Masters Degree in Chemical Engineering from IIT Bombay. He is Expertise in managing large business portfolios in energy sector.

Sunita Sharma

Ms. Sunita Sharma serves as Non-Executive Director - Nominee of Life Insurance Corporation of India of the Company. She joined the company on April 1, 2015. She works for LIC Housing Finance Limited, LIC Nomura Mutual Fund AMC Ltd., LICHFL Asset Management Company Limited, LICHFL Financial Services Limited, LICHFL Care Homes Limited and Bhushan Steel Limited. She qualified Masters Degree in Science.

Sanjeev Aga

Mr. Sanjeev Aga serves as Non-Executive Independent Director of the Company. He holds B.SC (Hons. in Physics), MBA. He has vast experience in Telecom Sector. His other Directorships UFO Moviez India Limited, Pidilite Industries Limited, Idea Cellular Limited, Mahindra Holidays & Resorts Limited, Manjushree Technopak Limited, Subex Limited, Mahindra Logistics Limited.

Subodh Bhargava

Mr. Subodh Kumar Bhargava serves as Non-Executive Independent Director of the Company. He is a Mechanical Engineer is Chairman Emeritus of Eicher Group. He has held and continues to hold many important positions with various Government Committees. He is also closely associated with technical and management education In India. His other directorships include: Videsh Sanchar Nigam Limited, Samtel Color limited, Rane Engine Valves limited, Samcor Glass limited, TRF limited, Carbonindum Universal limlted, Glaxo Smithkline Consumer Healthcare Limited, Batliboi limited, SRF limited and DCM Engineering limited.

M. Chitale

M. Damodaran

Akhilesh Gupta

Naina Kidwai

Ms. Naina Lal Kidwai serves as Non-Executive Independent Director of the Company. She holds Bachelor’s in Economics, Chartered Accountant and MBA. She has vast Experience in the area of Banking. Her other Directorships are Cipla Limited, Max Financial Services Limited, Shakti Sustainable Energy Foundation, Altico Capital India Private Limited.

Narayanan Kumar

Mr. Narayanan Kumar serves as Non-Executive Independent Director of the Company. He holds B.E (Electronics). He is a Industrailist. His other Directorships are Bharati Infratel Limited, Cubbon Road Properties Private Limited, Times Innovative Media Limited, Aegon Life Insurance Company Limited.

Thomas Mathew T.

Shri. Thomas Mathew T. serves as Non-Executive Independent Director of the Company. He was Non-Executive Independent Director - Nominee of LIC of Larsen & Toubro Ltd. He holds MA (Economics), LLB, PGDM (Marketing). He has experience in the field of Insurance (Marketing & International Operations) of LIC. Directorships held in other public companies: LIC of India, Tata Power Company Limited, LIC Cards Services Limited, LIC Pension Fund Limited, L&T Infrastructure Development Projects Limited.

Vikram Mehta

Ajay Shankar

Adil Zainulbhai

Basic Compensation

Name Fiscal Year Total

A. Naik

81,550,000

S. Subrahmanyan

484,540,000

R. Shankar Raman

250,750,000

Jayant Patil

82,230,000

Shailendra Roy

141,210,000

M. Satish

93,830,000

D. Sen

69,980,000

Hasit Joshipura

--

Sivaram Nair

--

Hemant Bhargava

370,000

Arvind Gupta

2,330,000

Subramanian Sarma

--

Sunita Sharma

330,000

Sanjeev Aga

3,760,000

Subodh Bhargava

6,530,000

M. Chitale

5,070,000

M. Damodaran

4,890,000

Akhilesh Gupta

2,620,000

Naina Kidwai

2,620,000

Narayanan Kumar

3,970,000

Thomas Mathew T.

4,300,000

Vikram Mehta

4,440,000

Ajay Shankar

3,820,000

Adil Zainulbhai

4,760,000
As Of  31 Mar 2019