Padma Bhushan Henning Holck-Larsen, co-founder and chairman emeritus of Larsen and Toubro Ltd, died in Mumbai on Sunday after a brief illness. He was 96.

Born in Denmark on July four, 1907, Larsen came to India in 1937 and, a year later, set up L&T as a partnership firm along with Soren K Toubro.

On retirement from L&T, he was made chairman emeritus of the engineering and construction company.

He divided his time between Denmark and India and maintained a keen interest in the working of L&T.

In recognition of his contribution to Indian industry, the government honoured him with the Padma Bhushan in 2002.

Holck-Larsen is survived by a daughter.