Total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows
He said the stoppage of infrastructure projects in multiple states, macroeconomic concerns, and the coronavirus scare have led to the company losing its growth momentum briefly
As outgoing chairman A M Naik sets new goals for L&T, he leaves the task of fulfilling them to his successor