Both companies share/shared a faceless ownership base, so it is worth focusing on the company’s board of directors from that perspective.
Oriola was indeed steered into such a dead end during that time that multiple people have been trying to resolve it for ten years already with poor success. Even back then, measures were long demanded from the board, but they were a long time coming.
Regarding L&T, the same signs have been visible for years, and for this reason, I divested my holdings in the company a few years ago. I will consider investing again once the management has changed.