Larsen & Toubro Limited shareholders have approved a final dividend of ₹38 per share for the financial year ended March 31, 2026, at the 81st Annual General Meeting (AGM) held on June 5, 2026. The meeting, conducted via video conferencing, also secured approval for the re-appointment of key executive and independent directors, including Mr. R. Shankar Raman as President and Whole-time Director – Finance effective October 1, 2026. All nine resolutions placed before the shareholders were passed with the requisite majority.

The AGM approved the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders also ratified the remuneration payable to M/s R. Nanabhoy & Co., Cost Accountants, for the financial year 2026-27. The voting process was supervised by Mr. S. N. Ananthasubramanian, Practising Company Secretary, who served as the scrutinizer for the remote e-voting and e-voting conducted during the meeting.

Voting Results

The remote e-voting facility was available from June 1, 2026, to June 4, 2026. A total of 19,31,893 shareholders were on record as of May 29, 2026. The resolutions received overwhelming support from public institutions and non-institutions, with approval percentages ranging from 87.37% to 100%.

Key Resolutions Passed

Director Appointments

The meeting approved the re-appointment of Mr. Anil Vithal Parab and Mr. R. Shankar Raman as Directors liable to retire by rotation. Furthermore, Mr. R. Shankar Raman was re-appointed as President and Whole-time Director – Finance for a term effective October 1, 2026. In the special business category, shareholders approved the appointment of Mr. Pramit Jhaveri as an Independent Director for a term of five years effective April 1, 2027, and Mr. Vijay Sankar as an Independent Director for a term of five years effective May 27, 2026.

The proceedings were conducted in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. The meeting was chaired by Mr. R. Shankar Raman, with Mr. S. N. Subrahmanyam, Chairman and Managing Director, joining at a later stage. The scrutinizer's report confirmed that all resolutions were duly passed.

Larsen & Toubro Limited has scheduled a virtual group meeting with investors arranged by CLSA on June 8, 2026, at 5:00 PM IST. This interaction is part of the company's ongoing engagement with the investor community and will cover material information consistent with existing disclosures available on its website and the exchanges.

The meeting is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Narayan Subramanian, Company Secretary & Compliance Officer, signed the disclosure on June 3, 2026.

In addition to this new session, the company has outlined its participation in other key investor meetings scheduled for June 2026. These include a virtual group meeting with investors arranged by Sustainalytics and physical conferences in Mumbai.

Schedule of Investor Meetings