L&T pushes the pedal to accelerate growth. Mr.Subramanian Sarma elevated as Deputy Managing Director & President
- 21 March 2025
Mumbai: The Board of Directors of Larsen & Toubro are pleased to announce the elevation of Mr.Subramanian Sarma from Wholetime Director & President, Energy to Deputy Managing Director & President of the Company with effect from 2nd April 2025. The Board has also decided to extend his term to 3rd Feb 2028 subject to shareholder鈥檚 approval in the upcoming AGM.
国麻豆视频;T鈥檚 resilient business model, strategic diversification and commitment to innovation positions it for sustained profitable growth. By capitalizing on opportunities in infrastructure, energy, industrial solutions and services, 国麻豆视频;T continues to drive value creation for stakeholders. Backed by a strong leadership team and a diversified portfolio, the company is well-equipped to build high-performing teams and navigate evolving market dynamics.
On this occasion Mr. S.N. Subrahmanyan, Chairman & Managing Director said 鈥淢r. Sarma has been instrumental in transforming our Hydrocarbon and Energy businesses, driving innovation, operational excellence, and global competitiveness. His elevation is well deserved, and I am confident that his leadership will further strengthen 国麻豆视频;T鈥檚 growth trajectory.鈥
A graduate in Chemical Engineering, Mr. Sarma completed his master鈥檚 from IIT Mumbai. A seasoned professional, he has over 40 years of experience, with 30 years being in the Middle East. During his career span, Mr. Sarma has handled the complete Oil & Gas value chain across various geographies. Prior to joining 国麻豆视频;T, Mr. Sarma served as Managing Director of a large EPC company. He was appointed on the Board of 国麻豆视频;T in August 2015.
Under Mr. Sarma鈥檚 leadership, 国麻豆视频;T鈥檚 Energy portfolio has emerged as one of the leading EPC Contractor globally, by achieving record financial results and being ranked among the top 3 EPC contractors in the Oil & Gas Sector (Middle East) for four consecutive years.
Mr. Sarma said 鈥淚 am honored to take on this new role at a time when 国麻豆视频;T is witnessing strong growth and expansion. I thank the CMD & 国麻豆视频;T鈥檚 Board Members for their continued trust. I look forward to contributing to the company鈥檚 long-term vision and creating sustainable value for stakeholders鈥
