L&T Finance Appoints Nilesh Dange as Chief Human Resources Officer, Effective April 2026
New Delhi, February 23, 2026: L&T Finance Limited (formerly L&T Finance Holdings Limited) has announced a significant update in its senior management team, with Mr. Nilesh Dange being appointed as the company’s Chief Human Resources Officer (CHRO). The appointment is effective 1 April 2026 and comes as part of an internal group transfer within Larsen & Toubro Limited, the parent company of L&T Finance.
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as the SEBI Master Circular dated 30 January 2026, which mandates listed companies to disclose material changes in key managerial personnel to stock exchanges in a timely manner.
About the Appointment
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Name: Mr. Nilesh Dange
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Designation: Chief Human Resources Officer (CHRO)
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Effective Date: 1 April 2026
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Reason for Change: Internal group transfer and appointment as Head – Human Resources of one of L&T Limited’s businesses.
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Profile & Background: While specific professional details of Mr. Dange were not disclosed in the filing, the appointment reflects a focus on strengthening the human resources function within L&T Finance to support strategic talent management, organizational growth, and employee development.
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Relationship to Directors: Not applicable.
Regulatory and Corporate Context
The change was formally intimated to the National Stock Exchange (NSE) and BSE Limited, under the stock symbols LTF (NSE) and 533519 (BSE), demonstrating L&T Finance Limited’s commitment to corporate governance and transparency.
This strategic leadership move is expected to enhance the HR strategy and operations at L&T Finance, supporting its objectives in workforce management, talent acquisition, training and development, and employee engagement, as the company continues to expand its footprint in India’s financial services sector.
About L&T Finance Limited
L&T Finance Limited is a prominent financial services company in India, offering a wide range of solutions in corporate finance, infrastructure finance, retail finance, and investment services. The company is part of the Larsen & Toubro Group, a leading Indian conglomerate with a presence across engineering, construction, technology, and financial services.
The appointment of Mr. Dange aligns with L&T Finance’s strategy to strengthen leadership capabilities and support sustainable growth, operational excellence, and employee-centric governance.