L&T Independent Director Aga concludes tenure

Larsen & Toubro Limited has informed the exchanges that Mr. Sanjeev Aga will conclude his tenure as an Independent Director effective the closing hours of May 24, 2026. The cessation follows the completion of his second and final term with the infrastructure conglomerate.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company placed on record its appreciation for the valuable contributions, guidance, and services rendered by Mr. Sanjeev Aga during his association with the firm.

Details of Cessation

The company provided specific details regarding the change in its board composition as required under SEBI regulations. The reason for the cessation was explicitly stated as the conclusion of the director's tenure due to the completion of his term limits.

Particulars	Mr. Sanjeev Aga
Reason for Change	Conclusion of tenure as an Independent Director on account of completion of second and final term as an Independent Director of the Company.
Date of Cessation	May 24, 2026

The notification, signed by Company Secretary & Compliance Officer Subramanian Narayan, confirmed that all necessary disclosures regarding the director's relationships and profile were either not applicable or had been duly submitted to the stock exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.24%	+3.23%	+0.83%	-0.36%	+10.93%	+174.80%

Larsen & Toubro witnessed a notable block trade on the National Stock Exchange (NSE), with the transaction valued at ₹19.23 crores. The deal involved approximately 48,795 shares executed at a price of ₹3941.30 per share, indicating significant institutional participation in the counter.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Parameter:	Details
Exchange:	NSE
Trade Value:	₹19.23 Crores
Number of Shares:	~48,795
Trade Price:	₹3941.30 per share

Block trades are large-volume transactions typically executed between institutional buyers and sellers outside the regular market order book, often reflecting portfolio rebalancing or strategic stake adjustments by major market participants.