L&T Technology Services Limited has announced the appointment of Ms. Sumithra Gomatam as an Additional Director, designated as an Independent Director. The appointment is for a term of five years, effective from May 9, 2026, to May 8, 2031, subject to the approval of the shareholders. The Board of Directors approved the appointment through a circulation resolution on May 8, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Ms. Gomatam is not related to any of the existing directors of the company. The key details of the appointment are outlined below:

Professional Background

Ms. Sumithra Gomatam brings over three decades of industry experience in building and scaling high-performing businesses across IT and BPO services. She is currently part of the Goldman Sachs value accelerator program and serves as the Executive Chairperson for two of their investments, Omega HMS and Apexon. Additionally, she is an advisory council member of L&T Edutech and an Independent Director at Wheels India Ltd.

A veteran of Cognizant with 24 years of tenure, Ms. Gomatam held multiple strategic leadership roles, including serving on the company's global Executive Committee. She led the Quality Engineering and Assurance business, growing it from 800 to 30,000 employees and increasing revenues from $20 million to over $1.5 billion. She also served as the global leader for the Communications and Technology business and was the President of Digital Operations from August 2016.

Education and Recognition

Ms. Gomatam began her career as a telecom R&D engineer with HTL and later worked at TCS on product development and IT transformation projects. She earned her B.E. in Electronics and Communication Engineering from Anna University and completed the Advanced Management Program at Harvard Business School. In 2013, she was recognized as one of the “most powerful women in Indian business” by Business Today and was part of the NASSCOM BPM Leadership Council.

L&T Technology Services Limited has announced the convening of its Fourteenth (14th) Annual General Meeting (AGM) on Monday, June 1, 2026, at 3:30 p.m. (IST). The meeting will be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with applicable provisions of the Companies Act, 2013 and the relevant circulars issued by the Ministry of Corporate Affairs (MCA), including General Circular No. 03/2025 dated September 22, 2025. A newspaper advertisement disclosing the AGM details was published on May 8, 2026, in The Financial Express (all India editions) in English and Loksatta (Maharashtra editions) in Marathi, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Details at a Glance

The key parameters of the 14th AGM are summarised below:

Notice Dissemination and E-Voting

In compliance with MCA Circulars and SEBI Listing Regulations, the Notice of the AGM along with the Integrated Annual Report for FY 2025-26 will be sent through electronic mode to members whose email addresses are registered with the Company, Registrar & Share Transfer Agent (RTA) viz. KFin Technologies Limited, Depositories, or Depository Participants (DPs). For members whose email IDs are not registered, a letter containing the exact web-link of the website where the Integrated Annual Report is hosted will be sent to their registered address. The Notice of the AGM and Integrated Annual Report will also be available on the Company's website at www.LTTS.com , on the websites of BSE Limited and National Stock Exchange of India Limited, and on the website of National Securities Depository Limited (NSDL).

Members can join and participate in the AGM exclusively through VC/OAVM. Instructions for joining the AGM and the manner of participation in remote e-voting or casting votes through the e-voting system during the AGM will be provided in the Notice of the AGM. Login details for e-voting will be sent to registered email addresses of members already registered with the Company, RTA, Depositories, or DPs. Members who have not yet registered their email addresses are requested to do so with their DPs (for shares held in dematerialised form) or with the Company/RTA (for shares held in physical form).

Dividend and Record Date

The Board of Directors, at its meeting held on April 22, 2026, has recommended a Final Dividend of Rs. 40/- per equity share of face value of Rs. 2/- each for FY 2025-26, subject to approval by members at the 14th AGM. The Record Date for determining the entitlement of members to the Final Dividend for FY 2025-26 has been fixed as Friday, May 22, 2026. If approved at the 14th AGM, the Final Dividend will be paid electronically to members as on the Record Date who have updated their bank account details, within 30 days of the AGM.

In accordance with the provisions of SEBI Listing Regulations (Fifth Amendment) dated November 18, 2025, all dividend payments will be made exclusively through electronic modes. Payment to shareholders holding shares in physical form will be made only after they furnish their PAN, contact details (postal address with PIN and mobile number), bank account details, and specimen signature (KYC).

KYC Update and Tax on Dividend

Members who have not registered or updated their PAN, KYC details (including email, mobile number, and bank account details), and nomination details for receipt of dividend through Electronic Clearing Service (ECS) are requested to register or update the same as follows:

Pursuant to the Finance Act, 2020 and amendments thereof, dividend income is taxable in the hands of members with effect from April 1, 2020, and the Company is required to deduct tax at source (TDS) from dividend paid to members, as applicable. The Final Dividend for FY 2025-26, if approved at the 14th AGM, will be paid after deducting TDS in accordance with the provisions of the Income Tax Act, 2025 (earlier Income Tax Act, 1961). Members are requested to submit all requisite documents to avail tax exemption or benefit of deduction of TDS at a lower rate on or before Friday, May 22, 2026.