Engineering and construction giant Larsen & Toubro on Saturday mentioned its board has supplied nod for reappointment of A M Naik as non-government chairman of the organization for a time period of three a long time from Oct 1, 2020.
Naik’s current tenure is scheduled to end on September thirty, the conglomerate mentioned in a regulatory submitting to the BSE.
The board also gave approval for extending the tenure of entire-time Director Dip Kishore Sen.
“The Board of Directors at its assembly held on June five, 2020, dependent on the recommendation of the Nomination and Remuneration Committee and subject matter to necessary approvals of the shareholders of the Organization, has authorised the … proposals for re-appointment of Directors, whose current tenures are ending on September thirty, 2020,” L&T mentioned.
Naik has been re-appointed as a non-government chairman for a time period of three a long time with impact from Oct