LTM promoter declares no encumbrance on 68.52% equity shares

0 min read     Updated on 13 Jun 2026, 01:35 AM
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AI Summary

Larsen & Toubro Limited, promoter of LTM Limited, declared no encumbrance on 20,31,69,279 equity shares, representing 68.52% stake, under SEBI regulations on April 1, 2026.

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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:

Particulars Details
Number of equity shares 20,31,69,279
Percentage of total shareholding 68.52%
Promoter name Larsen & Toubro Limited

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

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+1.12%-8.02%-38.48%-29.99%-7.89%

Does this declaration indicate that Larsen & Toubro is ruling out any future pledging of shares for fundraising?

How might this clean holding status influence LTM Limited's credit ratings and borrowing costs?

Could this move signal a strategic shift or potential restructuring of L&T's stake in the IT subsidiary?

LTM launches Managed Secure Service Edge solution with Cisco

1 min read     Updated on 04 Jun 2026, 01:47 AM
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AI Summary

LTM launched a Managed Secure Service Edge (SSE) solution at Cisco Live 2026 on June 3, 2026, in partnership with Cisco. The solution, built on Cisco Secure Access, aims to secure generative AI deployment and zero trust architectures for enterprises. Backed by 4,000+ security professionals and nine Cyber Defense Resiliency Centers, the offering provides 24x7 AI-driven threat detection.

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LTM launched its new Managed Secure Service Edge (SSE) solution at Cisco Live 2026 on June 3, 2026. Built upon Cisco Secure Access, the solution is designed to help enterprises safely deploy generative AI, strengthen zero trust, and simplify access management in cloud-first and hybrid work environments. The launch combines Cisco's security infrastructure with LTM's AI-powered managed services to secure application access and enable the secure use of AI models.

Solution Architecture and Capabilities

The Cisco SSE framework unifies networking and security within a cloud-native, zero-trust architecture. It provides identity- and context-aware access with consistent protection across users, devices, and locations. By centralizing policy control for Zero Trust Network Access, Secure Web Gateway, and Cloud Access Security Broker capabilities, the solution simplifies security operations and offers end-to-end visibility at enterprise scale.

LTM's managed SSE offering integrates these capabilities with deep cybersecurity expertise and AI-led managed services. The following table outlines the key components of the solution:

Parameter: Details
Base Platform: Cisco Secure Access
Architecture: Cloud-native, Zero Trust
Key Capabilities: Zero Trust Network Access, Secure Web Gateway, Cloud Access Security Broker
Security Professionals: 4,000+
Cyber Defense Resiliency Centers: 9
Monitoring: 24x7 AI-driven threat detection and optimization
Launch Event: Cisco Live 2026
Launch Date: June 3, 2026

Strategic Partnership

Chandan Pani, Chief Information Security Officer at LTM, stated that modern enterprises require AI-powered security adaptable to any work environment. He emphasized that the partnership delivers a unified, cloud-native SSE solution that simplifies protection, improves visibility, and empowers secure operations at scale.

Raj Chopra, Senior Vice President and Chief Product Officer at Cisco Security, noted that combining Cisco's innovation with LTM's technical expertise makes enterprise-grade security more accessible. He highlighted that Cisco's security portfolio, including Secure Access, is built to be consumed as a service, enabling organizations to adopt and scale modern security with simplicity and speed.

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+1.12%-8.02%-38.48%-29.99%-7.89%

How will the integration of generative AI into the SSE solution evolve to address emerging security threats?

What market impact is expected from this partnership on competitors in the managed SSE space?

How will enterprises measure the ROI of adopting this AI-powered managed SSE solution?

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