L&T Finance Limited has announced a change in its Senior Management Personnel involving Mr. Nilesh Dange, the current Chief Human Resources Officer. Mr. Dange is undergoing an internal group transfer, effective April 1, 2026. He will be appointed as the Head of Human Resources for a business unit within the parent company, Larsen & Toubro Limited, marking a significant internal transition within the group structure.
Intimation of Senior Management Change
L&T Finance Limited (formerly L&T Finance Holdings Limited) has formally notified the stock exchanges regarding a significant movement within its senior management cadre. The announcement was made on February 23, 2026, adhering to the required disclosure timelines.
Details of Personnel Transition
The subject of this internal change is Mr. Nilesh Dange, who currently serves as the Chief Human Resources Officer (CHRO) of L&T Finance. The reason provided for the change is an Internal group transfer. Mr. Dange is being appointed as the Head of Human Resources for one of the businesses under the parent entity, Larsen & Toubro Limited.
Effective Date
This transition in responsibilities will be effective starting from April 1, 2026. The disclosure confirms that this is an appointment based on the transfer and does not involve resignation, removal, or death.
Profile Confirmation
As this is an internal transfer within the larger L&T group structure, the company has confirmed that the profile details and director relationships are N.A., as the individual remains within the corporate ecosystem.
Source: BSE