New Delhi, March 21 -- Construction major Larsen & Toubro Ltd. announced on Friday, March 21, that Subramanian Sarma, the company's full-time director and president, has been promoted to Deputy Managing Director and President, according to the exchange filing.

As per the official announcement, Sarma's appointment will be effective from April 2, 2025, and Sarma's term period has also be extended to February 3, 2028.

"Mr. 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 L&T's growth trajectory," said S.N. Subrahmanyan, Chairman & Managing Di...