L&T Technology Services Limited has submitted its Integrated Annual Report for FY 2025-26, including the Notice of its Fourteenth (14th) Annual General Meeting, to the stock exchanges pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission was made on May 9, 2026, by Company Secretary & Compliance Officer Prasad Shanbhag. Subsequently, on May 10, 2026, the company published newspaper advertisements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in The Financial Express (all India editions) in English and Loksatta (Maharashtra editions) in Marathi, disclosing the AGM notice and related information. The 14th AGM is scheduled for Monday, June 1, 2026, at 3:30 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in compliance with MCA General Circular No. 03/2025 dated September 22, 2025.

AGM and Dividend Details

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

The Board of Directors, at its meeting held on April 22, 2026, 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 total final dividend payment, based on shares outstanding as on March 31, 2026, is expected to be Rs. 4,240 Million. Including the interim dividend of Rs. 18/- per share paid on December 24, 2025, the total dividend for FY 2025-26 amounts to Rs. 58/- per share, translating to a record-high payout ratio of 48% for the year. If approved at the AGM, the final dividend will be paid within 30 days of the meeting exclusively through electronic modes, in accordance with SEBI Listing Regulations (Fifth Amendment) dated November 18, 2025.

FY 2025-26 Financial Performance

The Integrated Annual Report highlights a robust financial performance for FY 2025-26. The following table summarises the key consolidated financial metrics for continuing operations:

Revenue from continuing operations in constant currency grew by 7.7% in FY 2025-26. The 5-year CAGR of revenue stands at 15.1%. The company's CAGR over the last 5 years at 12.4% outpaced the industry growth estimate of 8%.

Segment-wise Performance

LTTS operates across three business segments — Mobility, Sustainability, and Tech. The segment-wise revenue contribution for FY 2025-26 is presented below:

Sustainability emerged as the largest segment and the highest-margin segment, driven by global investments in energy transition, data centers, plant engineering, and industrial automation. The Tech segment registered the highest growth at 25.5%, supported by AI-led engineering, semiconductors, and platform-based solutions. The Mobility segment, while impacted by near-term headwinds in the automotive sector, showed early signs of recovery with growing traction in Software-Defined Vehicles (SDV) and electrification.

Strategic Highlights and Large Deal Momentum

During FY 2025-26, LTTS sustained an average Total Contract Value (TCV) of approximately USD 200 Million for six consecutive quarters, registering a 40% rise in large deal value for the year with USD 855 Million in transformative engagements. Key marquee deals included a USD 100 Million-plus multi-year agreement with a U.S.-based industrial equipment manufacturer in the semiconductor value chain, a USD 75 Million-plus strategic partnership with a leading global energy major, a USD 60 Million multi-year agreement with a U.S.-based wireless telecom provider, and two USD 50 Million-plus engagements. The company also achieved an annualized revenue run rate of USD 400 Million in each of its three segments.

As part of its Lakshya 31 five-year plan, LTTS aspires to deliver 13–15% CAGR over the next five years with EBIT margins in the range of 16–17%. The company also entered into a Business Transfer Agreement on March 25, 2026, for the divestment of its Smart World and Communication (SWC) Business Unit to AMI Paradigm Solutions Private Limited for a cash consideration of Rs. 452 Crore, subject to customary adjustments, with the transaction expected to be completed on or before September 30, 2026.

Operational and ESG Highlights

The following table summarises key operational and ESG metrics for FY 2025-26:

Board and Leadership Changes

During the year, Mr. Abhishek Sinha resigned as Executive Director with effect from August 22, 2025, and Mr. Sudip Banerjee completed his second consecutive term as Independent Director with effect from January 20, 2026. The Board, at its meeting held on April 22, 2026, approved the re-appointment of Mr. Alind Saxena as Executive Director for a further term of three years commencing April 26, 2026, the appointment of Mr. Rajeev Gupta as Executive Director & Chief Financial Officer for a term of three years commencing April 22, 2026, and the appointment of Mr. Amitabh Kant as Independent Director for a term of five years commencing April 22, 2026. Ms. Sumithra Gomatam was also appointed as Independent Director for a term of five years commencing May 9, 2026, subject to member approval at the ensuing AGM. Dr. Keshab Panda will retire by rotation at the AGM and, being eligible, has offered himself for re-appointment.

Notice Dissemination, E-Voting and KYC

The Notice of the AGM along with the Integrated Annual Report for FY 2025-26 has been sent through electronic mode to members whose email addresses are registered with the Company, RTA (KFin Technologies Limited), Depositories, or Depository Participants. The report is also available on the Company's website at https://www.ltts.com/investors/financial-information , as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and NSDL. Remote e-voting will commence at 9:00 a.m. IST on Friday, May 29, 2026, and end at 5:00 p.m. IST on Sunday, May 31, 2026. The cut-off date for e-voting eligibility is Wednesday, May 27, 2026.

Pursuant to the Finance Act, 2020, dividend income is taxable in the hands of members, and the Company is required to deduct tax at source (TDS) as applicable under the Income Tax Act, 2025. 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. Members holding shares in physical form are required to update their PAN, KYC details, bank account details, and nomination with the RTA at einward.ris@kfintech.com to receive dividends electronically.

Source: None/Company/INE010V01017/7d0e4eba9a6e4dee.pdf

L&T Technology Services 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.