* Larsen & Toubro on Wednesday (10th May 2023) announced that it has appointed S N Subrahmanyan, as Chairman and Managing Director with effect from October 1, 2023. 

* A M Naik after he decided to step down as Non-Executive Chairman of the L&T Group.

* S N Subrahmanyan is currently the Chief Executive Officer and Managing Director of Larsen & Toubro (L&T).

* He has also worked as Deputy MD & President leading L&T’s infrastructure business to its position as the country’s largest construction organization.

* A M Naik has decided to step down as Non-Executive Chairman of the L&T Group at the end of his tenure on 30 September 2023.

* The company's board has decided to confer the status of Chairman Emeritus to A M Naik..

Source : Mint