LTM Limited has executed a share purchase agreement for the sale of its stakes in three subsidiaries: Randstad Digital B.V., Randstad Digital France SAS, and FINXL Professional Services Pty Ltd. The agreement was signed on August 22, 2026.

The company confirmed that the information-consultation processes with the relevant Works Councils have been completed. This step clears a key procedural hurdle for the divestment.

Transaction Details

LTM UK & Ireland Limited, formerly known as LTIMindtree UK Limited, is the entity executing the sale. The buyers are Randstad N.V. (Netherlands), Randstad Digital Holdings Pty Ltd (Australia), and Randstad France SASU (France).

The completion of the share transfer is contingent upon receiving applicable regulatory approvals and fulfilling other conditions precedent outlined in the share purchase agreement.

Regulatory Disclosure

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as an update to an earlier intimation issued by the company on May 22, 2026.

LTM Limited submitted its Sustainability Report for FY26, detailing progress toward its net-zero emissions target set for 2040. The report, prepared in accordance with GRI Universal Standards 2021, covers the period from April 1, 2025, to March 31, 2026. BDO India Services Private Limited provided reasonable and limited assurance on the non-financial disclosures.

Environmental Performance

LTM reported significant reductions in emission intensities compared to its FY19 baseline. Scope 1 emissions intensity fell 70%, while Scope 2 emissions intensity declined 55% per employee. Total greenhouse gas (GHG) emissions for FY26 stood at 152,455 tCO₂e. Scope 3 emissions accounted for the largest share at 117,593 tCO₂e (77%), driven primarily by employee commuting and business travel. Scope 2 location-based emissions were recorded at 33,100 tCO₂e.

Renewable energy adoption reached 72.23% of total energy needs, supported by 1,100.82 kW of installed solar capacity and Renewable Energy Certificates (REC). The company aims to achieve over 85% renewable energy usage by 2030. Water consumption intensity dropped 55% from the FY19 baseline, maintaining a 2.8x water-positive status. Waste recycling rates stood at 94%, approaching the 2030 target of 100%.

What the Numbers Show

The divergence between location-based and market-based Scope 2 emissions highlights the impact of renewable procurement strategies. While location-based Scope 2 emissions were 33,100 tCO₂e, market-based emissions were significantly lower at 9,413 tCO₂e. This gap reflects the company’s reliance on Renewable Energy Certificates and green tariffs to offset grid electricity usage, effectively reducing its reported carbon footprint without necessarily altering physical energy consumption patterns.

Social and Governance Metrics

The workforce expanded to over 87,000 employees globally. Women represented 30.87% of the total workforce, with representation in leadership roles increasing to 9.53%. The company welcomed over 6,700 freshers, a 40% increase over FY25. Employee turnover rate was 13.25% for the year.

LTM achieved a client satisfaction score of 5.89 out of 7. The company received multiple ESG recognitions, including ranking third in the IT & Digital Services sector in Businessworld India’s Most Sustainable Companies 2025. It was also recognized as a TNFD Early Adopter, the only Indian IT company to receive this distinction.

Climate Risk and Financial Exposure

The Climate Risk Assessment identified physical risks as the largest exposure, with an estimated annual impact of approximately INR 4,341 crore. This risk is driven by potential business disruptions such as downtime and reduced productivity. Transition risks were estimated at around INR 590 crore, reflecting costs associated with workforce reskilling and low-carbon technology adoption.