L&T shareholders approve appointment of Amitabh Kant, other resolutions

MUMBAI: Infrastructure and engineering major Larsen & Toubro (L&T) has officially announced the successful passage of seven key resolutions following its most recent Postal Ballot. The results, filed with the BSE and NSE today, reveal strong shareholder confidence in the company’s leadership and its international expansion strategy.

The ballot, which concluded on January 18, 2026, saw a significant turnout from both institutional and public non-institutional investors.

High-Profile Board Appointments Confirmed

The most notable outcome of the vote is the formal induction of two prominent industry leaders to L&T's Board of Directors as Independent Directors.

• Mr. Amitabh Kant (DIN: 00222708): The former NITI Aayog CEO and G20 Sherpa’s appointment was approved with a 99.65% majority. His expertise in policy and large-scale infrastructure is expected to provide strategic depth to L&T’s domestic projects.

• Mr. B. Santhanam (DIN: 00494806): Known for his leadership at Saint-Gobain, his appointment secured 99.70% of the votes.

• Ms. Preetha Reddy (DIN: 00001871): Shareholders also greenlit the re-appointment of the Apollo Hospitals Vice Chairperson for a second five-year term, effective March 1, 2026.

Strategic Greenlight for International Subsidiaries

Beyond board changes, the ballot sought approval for Material Related Party Transactions (RPTs). These resolutions are critical for L&T’s operational fluidity with its specialized arms, particularly in the Middle East and power sectors.

Despite regulatory requirements for related parties to abstain from voting on these items, the resolutions passed with near-unanimous support from disinterested shareholders.

Scrutinizer’s Observations

The voting process was overseen by Mr. S. N. Ananthasubramanian, a practicing Company Secretary. The Scrutinizer's report confirmed that the e-voting process was conducted transparently via the NSDL platform. Out of a total of 1,735,696 shareholders on record, the participation reflected a healthy mix of retail and institutional interest.

What This Means for Investors

The approval of these resolutions ensures continuity in L&T’s governance while adding fresh, high-level expertise to the board. Furthermore, the approval of RPTs for entities like Larsen Toubro Arabia LLC suggests that L&T is positioning itself to aggressively execute its order book in the GCC region, which has become a primary driver of the company’s international revenue.