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Change of guard at L&T: Size, scale key challenges for S N Subrahmanyan

Cut to 2019, L&T was on the buyer side of the table of a hostile takeover of tech company Mindtree

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4 min read Last Updated : Sep 30 2023 | 10:00 AM IST

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Larsen & Toubro’s (L&Ts) outgoing chairman A M Naik’s highest point at the organisation was successfully fighting a hostile takeover of the company in the mid-2000s.

Cut to 2019, L&T was on the buyer side of the table of a hostile takeover of tech company Mindtree. L&T’s journey from target to acquirer also spells out what Naik’s successor SN Subrahmanyan’s (pictured) — or SNS’s as he is known — opportunities and challenges would be — size and scale. Beginning October 1, Naik will step down as chairman of L&T, passing on the baton to Subrahmanyan, who will begin duties as

Topics : Larsen & Toubro SN Subrahmanyan Indian firms

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