L&T Technology Services Limited has addressed stock exchange inquiries regarding unusual trading activity in its shares, providing clarification on a significant volume increase observed on March 16, 2026.

Exchange Communication Details

The company's response came following a specific inquiry from BSE Limited, referenced as email bearing reference number L/SURV/ONL/PV/SG/ 2025-2026 / 978 dated March 16, 2026. The communication was addressed to both major Indian stock exchanges where the company's shares are listed.

Company's Official Response

In its disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, L&T Technology Services clarified its position on the trading volume surge. The company emphasized its commitment to maintaining timely disclosures of all events and information that have bearing on operations and performance.

The management attributed the observed fluctuations in stock price to market-driven factors rather than any specific corporate developments. Company Secretary and Compliance Officer Prasad Shanbhag signed the official response, confirming the company's adherence to disclosure requirements.

Current Business Status

L&T Technology Services stated that it continues to evaluate various strategic opportunities in the ordinary course of business. However, the company confirmed that there are currently no material events or information requiring disclosure under Regulation 30 of SEBI listing regulations.

Key aspects of the company's position include:

• Commitment to timely disclosure of material events
• Regular evaluation of strategic business opportunities
• No current material developments requiring regulatory disclosure
• Maintenance of highest corporate governance standards

Regulatory Compliance Commitment

The company reaffirmed its dedication to maintaining transparency and acting in shareholders' interests. L&T Technology Services assured stakeholders that it will continue making appropriate disclosures in compliance with applicable laws as and when required. The response demonstrates the company's proactive approach to addressing market concerns and maintaining regulatory compliance standards.

L&T Technology Services has officially announced the resignation of Chief Business Officer Rajkumar Ravindranathan, effective from the close of business hours on January 31, 2026. The company disclosed this information to stock exchanges through multiple regulatory filings, providing comprehensive documentation of the resignation process.

Resignation Timeline and Process

According to the official resignation email dated November 1, 2025, Ravindranathan formally tendered his resignation to CEO Amit Chadha, citing an external opportunity that represents a better career advancement. In his resignation communication, he expressed deep respect for the organization and leadership while confirming his decision was final.

Official Documentation and Compliance

The company filed comprehensive disclosures with both NSE and BSE on February 1, 2026, followed by additional documentation on February 5, 2026. The filings included the complete resignation email as required under Clause 7C of Schedule III, Part A of SEBI Listing Regulations. Company Secretary & Compliance Officer Prasad Shanbhag signed all regulatory communications, ensuring full compliance with SEBI requirements.

Leadership Acknowledgment

In his resignation email, Ravindranathan acknowledged the significant professional and personal growth experienced during his five-year tenure under CEO Amit Chadha's leadership. He emphasized his commitment to ensuring a smooth transition and expressed continued goodwill toward the organization's future success.

Regulatory Framework

The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided all required documentation as mandated under SEBI Master Circular dated November 11, 2024, demonstrating transparency in senior management changes.