NSEChange in Management7 Oct 2026 · 7 Oct 2026, 09:29 pm

Change in Management

Larsen & Toubro Limited · LT

✦ AI SummaryMgmt Change

Larsen & Toubro Limited has informed the Exchange about change in Management, with four officials promoted as Senior Vice Presidents.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Larsen & Toubro Limited has informed the Exchange about change in Management

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PAM_07102026212904_IntimationSRMGT07102026.pdf

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Larsen & Toubro Limited e LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5858 www.Larsentoubro.com Email: igrc@larsentoubro.com CIN:L99999MH1946PLC004768 October 7, 2026 BSE Limited National Stock Exchange Of India Limited Phiroze Jejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Plot No.C/1, G Block, Bandra-Kurla Complex MUMBAI - 400 001 Bandra (E), Mumbai - 400 051 STOCK CODE: 500510 STOCK CODE: LT Dear Sirs/Madam, Sub: Changes in Senior Management Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) read master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we wish to inform you that the following officials of the Company have been categorized under Senior Management Personnel (SMP) of the Company, pursuant to promotions. Sr.No. Name and Designation 1. Dr. C Jayakumar, Senior Vice President & Head - Corporate Human Resources 2. Mr. Suresh Kumar Narang, Senior Vice President & IC Head - CarbonLite Solutions IC & Chief Executive – LMB 3. Mr. S Ramkumar, Senior Vice President & IC Head - Transportation Infrastructure IC 4. Mr. Sriraman T, Senior Vice President & IC Head - Residential, Commercial Buildings & Factories IC The information pursuant to Regulation 30 of SEBI LODR read with master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure A. Kindly take the same on record. Thanking You Yours faithfully, For Larsen & Toubro Limited Subramanian Narayan Company Secretary & Compliance Officer (ACS 16354) An ISO 9001:2015 Certified Department Larsen & Toubro Limited 8 LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5858 www.Larsentoubro.com Email: igrc@larsentoubro.com CIN:L99999MH1946PLC004768 Annexure A Sr. Details of Events Dr. C Jayakumar, Senior Vice Mr. Suresh Kumar Narang, No. that needs to be President & Head - Corporate Senior Vice President & IC provided Human Resources Head - CarbonLite Solutions IC 1 Reason for change Promoted as Senior Vice President effective July 1, 2026, in terms viz. resignation of promotion circulars issued on October 6, 2026 2 Date of Dr. C Jayakumar is an existing Mr. Suresh Kumar Narang is an appointment & employee of the Company. Dr. existing employee of the term of Jayakumar joined the Company on Company. Mr. Narang joined appointment May 4, 1988. the Company as Project Director – Nabha Power on February 10, 2010. 3 Brief Profile Dr. C. Jayakumar is a distinguished Mr. Suresh Kumar Narang, Sr. HR leader with over 38 years of Vice President & Head – L&T rich and diverse experience in Energy-CarbonLite Solutions, strategic HRM & organizational has over four decades of transformation. As the CHRO of experience across the power L&T Ltd., he has played a pivotal sector, spanning thermal role in shaping the people agenda power project design, EPC of one of India's top execution, operations, conglomerates. An alumnus of commercial management, coal LBS, Dr. Jayakumar holds a mining, and consulting. Since doctorate in leadership, joining L&T in 2010, he has led certification in executive coaching several landmark initiatives, from CFI. He is certified in including the execution of Organizational Development from India’s first Ultra Supercritical NTL Institute of Advanced Power Project at Khargone for Behavioural Sciences, USA. He NTPC. As Chief Executive of currently serves as National Nabha Power Ltd (2021-2026), President of the National HRD he transformed the company Network, steering the vision to into one of India’s most advance HR excellence across efficient supercritical thermal India. power plants. Since April 2026, he has been leading L&T Energy-CarbonLite Solutions, driving its vision to strengthen India’s energy security. Mr. Narang is an Honours graduate in Electrical An ISO 9001:2015 Certified Department Larsen & Toubro Limited e LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5858 www.Larsentoubro.com Email: igrc@larsentoubro.com CIN:L99999MH1946PLC004768 Engineering from Punjab Engineering College, Mr. Narang has completed executive leadership programmes at London Business School, Harvard Business School, and IIM Ahmedabad. 4 Disclosure of Not Applicable relationships between directors (in case of appointment of a director) Sr. Details of Events Mr. S Ramkumar, Senior Vice Mr. Sriraman T, Senior Vice No. that needs to be President & IC Head - President & IC Head - provided Transportation Infrastructure IC Residential, Commercial Buildings & Factories IC 1 Reason for change Promoted as Senior Vice President effective July 1, 2026, in terms viz. resignation of promotion circulars issued on October 6, 2026 2 Date of Mr. S Ramkumar is an existing Mr. Sriraman T is an existing appointment & employee of the Company. Mr. employee of the Company. term of Ramkumar joined the Company on Mr. Sriraman joined the appointment July 24, 1991. Company on July 1, 1993. 3 Brief Profile Mr. S. Ramkumar is an Electrical Mr. T. Sriraman joined L&T as Engineer from NIT Durgapur and an a Graduate Engineer Trainee alumnus of the London Business in 1992 and has over 34 years School Senior Executive Programme. of experience across diverse With over three decades at Larsen & functions and business Toubro, he currently heads the verticals within L&T Transportation Infrastructure Construction. Division, encompassing the Roads, His areas of expertise include Bridges & Formations (RBF) and project execution, contracts, Railway Business Groups (RBG). procurement, business Under his leadership, the business development, and business has delivered several landmark road, strategy. bridge, airport, rail, metro and high- An ISO 9001:2015 Certified Department Larsen & Toubro Limited 8 LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5858 www.Larsentoubro.com Email: igrc@larsentoubro.com CIN:L99999MH1946PLC004768 speed rail projects in India and During his career with L&T overseas, including major Construction, he has worked expressways, iconic bridges, across multiple projects and Dedicated Freight Corridors, the business functions, including Mumbai-Ahmedabad High-Speed project planning, operations, Rail project, and integrated metro contracts, and procurement, systems. The division has also and has held leadership expanded its international footprint positions across the with marquee projects in Residential Buildings and Bangladesh, Mauritius, Indonesia Factories businesses. and the UAE. He also contributed Prior to this role, Mr. Ramkumar significantly to the growth played a key role in developing L&T’s and expansion of the Power Transmission business across Residential Buildings India, Oman, the GCC and Southeast business, strengthening its Asia. He is actively associated with position as one of the leading industry bodies such as CII, IEEMA businesses within L&T and FICCI, contributing to policy Construction. advocacy and infrastructure He currently heads development initiatives in the power Residential, Commercial and railway sectors. Buildings and Factories IC and is responsible for its strategy and pan-India operations.” 4 Disclosure of Not Applicable relationships between directors (in case of appointment of a director) An ISO 9001:2015 Certified Department