INTRODUCTION OF L&T (LARSEN & TOUBRO) -:

Two Danish engineers Padmabhusha n awarded Henning Holck Larsen and Soren K. Toubro established the company on May 1st, 1938 as a partnership firm. It started off as a dream with refineries, steel plants, fertilizer and chemical processing desk, telephone and a small workshop, which made small items like milk pasteurizer, butter churns and other dairy items. It was declared a Private Limited Company in 1946 and a Public Limited Company in 1950 with a paid up share capital of 20 lakhs and had a sales turnover of 109 lakhs. From that modest beginning it, has grown into today\u2019s multiproduct diversified firm, now being the nucleus of a group of companies. Today Larsen and Toubro Limited and its associated companies provide world quality services and products to basic infrastructure projects like roads, railways, airports, ports and the power sector. It also deals in the manufacturing of heavy equipment for the needs of industries like petrochemicals, refineries, steel plants, power plants, fertilizer and chemical processing plants, design and manufacture of earth moving equipment, manufacturing of welding equipment and manufacture of valves. The list is virtually endless and continues to grow with every passing year as it enters newer fields wherever the opportunity arises. Recently, the Nuclear Equipment Business (NEB) of L&T\2019s Heavy Engineering Division has won the Industrial Excellence Award instituted by the Indian Nuclear Society (INS). The award recognizes NEB\u2019s contribution to the development of nuclear energy sector in the country. Over the years the company has grown by leaps & bounds & has diversified range of products. Now L & T products are exported to over forty countries & also sold within the country through its regional offices located at Mumbai, Pune, Kolkata & New Delhi. In addition to this L&T has many representatives spread

out all over the India. Now L&T has 15 manufacturing complex located at Mumbai (Powai), Banglore, Kansbhal, Hazira, Mysore, Hirmi, Faridabad & at many other known cities. On October 22, 2008 India\2019s first mission to the moon was successfully launched from the Sriharikota Space Port. India's Polar Satellite Launch Vehicle PSLV-C11 placed the 1380 kg Chandrayaan-I Spacecraft in an elliptical orbit.While this was a historic moment for all Indians, it was a special occasion of pride for L&T as its Heavy Engineering Division (HED) has been closely involved with this effort. L&T-made Equipment Engaged in Launch & Tracking of Chandrayaan-I. The company ranks second in India's private sector with it's turnover as high as Rs. 25,863 corer for the year Ended 31st March 2008 as against Rs. 18,423 crore for the previous financial year registering an increase of40%. Profit before tax (after interest and depreciation charges) of Rs.3155 crore. Profit after tax of Rs. 2173 corer as against Rs.2005 crore & Rs.1403 crore for the previous year improved by 57% & 55% respectively. The Company employs about 25800 personnel, which includes about 9700 executive and supervisory staff.

HISTORY OF L&T (LARSEN & TOUBRO) -:

The evolution of L&T into the country's largest engineering and construction organization is among the most remarkable success stories in Indian industry.

Henning Holck-Larsen (4.7.1907 - 27.7.2003)

Soren Kristian Toubro (27.02.1906 - 4.3.1982)

The company was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy equipment. However, with the start of the Second World War in 1939 and the resulting restriction on imports, the partners started a small workshop to undertake jobs and provide service facilities. Germany's invasion of Denmark in 1940 stopped supplies of Danish products. The war-time need to repair and refit ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd., to handle these operations. L&T also started two repair and fabrication shops signalling the expansion of the company. The sudden internment of German engineers in India (due to suspicions caused by the War), who were to put up a soda ash plant for the Tatas, gave L&T a chance to enter the field of installation. In 1944, ECC was incorporated by the partners; the company at this time was focused on construction projects (Presently, ECC is the construction division of L&T). L&T decided to build a portfolio of foreign collaborations. By 1945, the company represented British manufacturers of equipment used to manufacture products

such as hydrogenated oils, biscuits, soaps and glass. In 1945, the company signed an agreement with Caterpillar Tractor Company, USA, for marketing earth moving equipment. At the end of the war, large numbers of war-surplus Caterpillar equipment were available at attractive prices, but the finances required were beyond the capacity of the partners. This prompted them to raise additional equity capital, and on 7 February 1946, Larsen & Toubro Private Limited was born.

VISION & MISSION -:

VISION -: To develop a premier world class education centre, for creating global project management professionals, thereby making Larsen & Toubro (L&T) a centre of excellence in project management. MISSION -: To develop and deliver high quality education and research in project management in consonance with the vision of L&T by providing state-of-the-art infrastructure and learner friendly atmosphere with innovative pedagogy thereby creating a pool of world class and socially responsible project professionals.

LOCATION -:
Larsen & Toubro Limited
L&T House, N. M. Marg, Ballard Estate, Mumbai - 400 001, India. Tel: 1800 2094545 (Toll free) Fax: -+91 22 6752 5858 Email: infodesk@larsentoubro.com

REGIRSTERD OFFICE -:
L&T House, Ballard Estate Mumbai 400 001, India T- +91 22 6752 5656 F -+91 22 6752 5858

BOARD OF DIRECTORS-:

NAME Mr. A. M. Naik Mr. K. Venkataramanan Mr. V. K. Magapu Mr. M. V. Kotwal Mr. Ravi Uppal Mr. S. N. Subrahmanyan Mr. R. Shankar Raman Mr. Shailendra Roy Mr. S. Rajgopal Mr. S. N. Talwar Mr. M. M. Chitale

POSITION Chairman & Managing Director Chief Executive Officer & Managing Director Director & President Director & President (Heavy Engineering) Director & President (Power) Director & Senior Executive Vice President (Infrastructure & Construction) Director & Chief Financial Officer Director and Senior Executive Non-Executive Director Non-Executive Director Non-Executive Director

COMPANY SECRETARY-:
Mr.N.Hariharan

BANKERS -:
State Bank of India

AUDITORS -:
M/s. Sharp & Tannan

MAIN BUSINESS -:
L & T (LARSEN & TOUBRO) is manufacturing various kind of formulation (production), which includes entire range follow up.
Army guns. Aerospace Equipments Bulk material Handlings. Chemical Plants Equipments Cement Machineries. Coal Gasifier and Power Plants Equipments. Construction, Earthmoving and Road Making Equipments. Construction Services. Electric Protection System. Heat Transfer Equipments. Heavy Engineering. Hydraulic Equipments Hydrocarbon and Related Projects. Industrial Products. Nuclear And Power Plants Oil and Gas Special Projects. Petrol Pumps. Pressure Vessels Pulp and Paper Processing Machinery. Rubber Processing Machinery Software Consultancy. Valve and Equipments. Welding Alloys And Systems Testing and Measuring Equipments.

COMPETITORS -:
Reliance Industries Ltd Century Textiles & Industries Ltd. Sintex Industries Ltd. Orient Paper & Industries Ltd. Nava Bharat Ventures Ltd. Andhra Sugars Ltd.

AWARD & ACHIEVEMENT -:

The Economic Times named Mr. A.M. Naik "Business Leader of the Year" for 2008. L&T is among the top 100 Most Trusted brands of India as published in The Brand Trust Report. Mr. A.M. Naik was also awarded the Padma Bhushan by the President of India in 2009. L&T Won Best Innovation in Logistics-Transportation award on 20 May 2011 from India International Logistics Forum

Achievements of L&T -:

Built India's first indigenous hydro cracker reactor. Built the world's largest continuous catalyst regeneration reactor. Built the world's biggest fluid catalytic cracking regenerator. Built the world's longest product splitter. Built Asia's highest viaduct - Panvalnadi for the Konkan Railway. Built the world's longest LPG pipeline. Built the world's longest cross country conveyor.

L&T Won The Financial Express-EVI Green Business Leadership Award for 2010-11. The award was received from Dr. A.P.J. Abdul Kalam "The Larsen & Toubro is known for engineering and innovations. Together these qualities carry L&T through exciting opportunities and into a promising future. Undertaking challenging projects in India and abroad are a matter of routine for the company whether it is engineering, innovation or infrastructure development... The E&C has always been the core business of company. The L&T has set an ambitious target of 20-25% growth in our construction business's Order Inflow for 2009-10," says Mr. K. V. Rangaswami, President, Construction and Member BoardL&T in an interview with S.A.Faridi.