Larsen & Toubro Limited, the promoter of LTM Limited , has declared that it has not created any encumbrance on its shareholding. The declaration covers 20,31,69,279 equity shares, representing a 68.52% stake in the company. This disclosure was submitted to the stock exchanges on April 1, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The promoter confirmed that there is no direct or indirect encumbrance on the shares held by it. As per Regulation 31(5) of the regulations, Larsen & Toubro Limited has requested LTM Limited to communicate this declaration to its Audit Committee at its next meeting.

Shareholding Details

The following table outlines the shareholding declared free of encumbrance:

The disclosure ensures transparency regarding the promoter's holding structure and compliance with regulatory requirements.

LTM introduced BlueVerse Currency, an AI-linked commercial model that prices enterprise work by outcomes rather than effort consumed as enterprises scale agentic AI across core processes. The model brings together the full BlueVerse stack—People, Accelerators, Agents, Platforms, and Tokens—into a single commercial construct. This introduction aims to align technology investments with measurable business results, enabling shared productivity gains and allowing clients to capture AI-driven efficiency value.

BlueVerse Currency introduces outcome-linked pricing tied to measurable business results. The model supports fungible resourcing, enabling reallocation mid-contract to evolving priorities, and faster reinvestment, with savings redirected into innovation. It is underpinned by a hybrid structure with fixed and variable pricing components, supported by use-case-linked pricing constructs.

The commercial model includes subscription, managed-service, and factory setup currency models. It applies across Agentic Engineering Factory, Business AI Transformation, and Application Development & Maintenance (ADM) engagements.

BlueVerse Currency is powered by the BlueVerse ecosystem, LTM’s gateway to the agentic enterprise. It enables LTM to price and deliver outcomes across core business processes, with Responsible AI, security, and governance built in.

“Enterprises are increasingly looking to align technology investments more closely with measurable business outcomes. BlueVerse Currency brings together talent, platforms, and intelligent agents into a unified commercial model—enabling clients to move from input-based constructs to outcome-led value creation, while scaling AI adoption with greater flexibility and transparency,” said Venu Lambu, CEO and Managing Director, LTM.

Key Components of BlueVerse Stack