L&T Owner: Indian infrastructure company Larsen & Toubro is once again in the headlines after getting big orders worth Rs 5000-10000 crore. This also includes contracts of Steel Authority of India Limited. In the meantime, let us know who is the owner of this company and what is his religion.
Who is the owner of this company?
Actually, the owner of this company is not any one person or family. It is a professionally managed, publicly listed company which is owned by its shareholders. Its major shareholders include large Indian financial institutions like LIC, domestic and foreign mutual funds, global institutional investors and L&T Employees Trust.
How was this company established?
Larsen & Toubro was started in 1938. When two Danish engineers Henning Holk Larsen and Soren Christian Turbo established this company in Mumbai. It started as a small engineering firm and gradually became a multinational power house.
Why is Larsen & Toubro important for India’s infrastructure?
In the last few decades, Larsen & Toubro has played a special role in India’s major infrastructure. Larsen & Toubro has completed many high profile projects like Statue of Unity, Ayodhya Ram Mandir, Atal Setu and Mumbai-Ahmedabad Bullet Train Project. In urban transport, Larsen & Toubro has played a major role in the metro systems in Hyderabad, Delhi, Chennai and Bengaluru.
Who is currently leading the company?
Larsen & Toubro is headed by SN Subramanian. Subramanian works as the Chairman and Managing Director of the company. S N Subramanian is Hindu by religion. Born on 16 March 1960 in Chennai, Subramanian has a civil engineer degree from NIT Kurukshetra and an MBA degree from Symbiosis Institute of Business Management. Along with this, he has also completed an executive program of London Business School. Let us tell you that in 1984, Subramanian joined Larsen & Toubro as a project planning engineer and climbed up the ranks in almost 4 decades. This made him one of India’s longest serving corporate leaders. His total salary in the year 2024-25 has become Rs 76.25 crore.
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