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Remuneration for L&T's top three officials up 45-100% in FY19: Report

Remuneration for the company's CEO and MD S N Subrahmanyan rose 52.36 per cent.

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Larsen & Toubro

Amritha Pillay 



A M Naik, Chairman, Larsen & Toubro
A M Naik, Chairman, Larsen & Toubro

The total remuneration paid to L&T group Chairman A M Naik doubled in FY19, according to the firm’s latest annual report. Remuneration for the company’s CEO and MD S N Subrahmanyan rose 52.36 per cent. In addition, L&T’s whole-time director and Chief Financial Officer R Shankar Raman saw remuneration rise 45.59 per cent.

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First Published: Sat, June 29 2019. 03:09 IST

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