LTM Limited has announced the outcome of its Board meeting held on April 23, 2026, where directors approved audited financial results for FY26 and made key appointments. The company reported strong revenue growth and margin expansion alongside significant governance developments. Management expressed confidence about sustaining growth momentum into the next financial year.

Financial Results Approval

The Board of Directors approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor M/s. Deloitte Haskins & Sells, Chartered Accountants LLP, issued audit reports with unmodified opinion on the financial results.

*Excluding exceptional items

Management Guidance for FY27

During the conference call, management expressed optimism about the company's growth trajectory. They believe the growth momentum built in FY26 will flow into FY27, positioning the company for continued expansion. However, management acknowledged potential challenges, noting that quarterly softness could emerge from macroeconomic factors or top account recovery dynamics.

Key Board Appointments

Upon recommendation of the Nomination & Remuneration Committee and subject to shareholder approval, the Board appointed Mr. Vipul Chandra as Additional Director designated as Whole-time Director and Chief Financial Officer. The appointment is effective from April 23, 2026, for a period of four years up to April 22, 2030.

Mr. Vipul Chandra brings over three decades of experience in financial markets, risk management, and strategic treasury management. He previously led Treasury and Corporate Finance at Larsen & Toubro Group and served as Managing Director at Citibank's Corporate Sales & Structuring division.

Independent Director Re-appointment

The Board also approved the re-appointment of Mr. James Abraham (DIN: 02559000) as Independent Director for a second term of five years from July 18, 2026, to July 17, 2031, subject to shareholder approval. Mr. Abraham has over 35 years of management experience in consulting and technology companies across Americas and South East Asia.

Dividend Declaration

The Board recommended a final dividend of ₹53 per equity share of par value ₹1 each for FY26, subject to approval at the Annual General Meeting. The dividend will be paid within 10 days from the conclusion of the AGM, with the record date to be intimated in due course.

LTM Limited has announced the allotment of 1,28,000 equity shares under its employee stock option schemes, as approved by the company's Nomination & Remuneration Committee on April 23, 2026. The decision reflects the company's commitment to employee participation in its growth through equity-based compensation, as communicated to the National Stock Exchange of India Limited and BSE Limited.

Share Allotment Details

The committee approved the allotment of equity shares with specific parameters designed to benefit eligible employees:

ESOP Scheme Framework

The equity shares were allotted under two distinct employee stock option schemes operated by the company:

• LTM Employees Stock Option Plan 2021
• LTM Employee Stock Option Scheme 2015

Both schemes were previously known by different names before the company's rebranding from LTIMindtree Limited to LTM Limited. The scheme names were updated to reflect this corporate name change, as approved by the Nomination & Remuneration Committee.

Share Transfer Mechanism

The allotted equity shares will be held by the LTIMindtree Employee Welfare Trust and subsequently transferred to eligible employees upon exercise of their stock options. This structure ensures proper administration of the employee stock option schemes while maintaining regulatory compliance.

Share Rights and Status

All equity shares allotted under these schemes will rank pari-passu with the existing equity shares of the company in all respects. This means the new shares will carry identical rights, privileges, and obligations as the company's current equity shares, ensuring equal treatment for all shareholders. The company has formally communicated this development to both stock exchanges where it is listed.