Holck-Larsen is no more
By Our Corporate Bureau | 28 Jul 2003
Mumbai:
Henning Holck-Larsen, co-founder and chairman-emeritus
of Larsen & Toubro Ltd (L&T), passed away here
yesterday. He was 96 and was in the Breach Candy hospital
for two weeks following an illness.
Holck-Larsen
was the co-founder of L&T along with his former
schoolmate, Soren Kristian Toubro. L&T is one of
the biggest and best-known engineering and construction
company in India.
L&T
CEO and managing director A M Naik, who was in the US
when Holck-Larsen died, flew back to Mumbai to attend
the funeral, which took place today.
Says L&T chief financial officer Y M Deosthalee: "The ease with which he used to conduct himself was fantastic. He was an affectionate man, full of smiles, jokes and never gave anyone tense moments."
Holck-Larsen was made chairman-emeritus of the L&T on his retirement. He divided his time between Denmark and India, and maintained a keen interest in the working of L&T. Even till the very end, Holck-Larsen was keenly interested with the affairs of L&T and participated in all crucial board meetings.