LTM Limited has submitted applications to BSE Limited and National Stock Exchange of India Limited to re-classify Nabha Power Limited from the 'Promoter Group' category to the 'Public' category. This change in shareholding status follows a request received from Nabha Power Limited and the subsequent approval granted by the Board of Directors of LTM Limited . The re-classification process is being undertaken in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable regulations.

The Board of Directors approved the request from Nabha Power Limited on July 11, 2026. Consequently, the company filed the formal applications with the exchanges on July 15, 2026 to facilitate the category change. The disclosure was made by Angna Arora, Company Secretary & Compliance Officer of LTM Limited.

Regulatory Filing Details

The submission to the exchanges provides the following specific details regarding the re-classification request:

The company has requested the exchanges to place the submission on record.

LTM is leading the deployment of Microsoft 365 Copilot across the L&T Group, enabling the AI tool for approximately 140,000 employees in one of India's largest enterprise AI workplace transformations. The initiative aims to empower teams to work more productively, resolve issues faster, and deliver superior customer outcomes through AI-assisted workflows and collaboration. As the largest adopter within the group, LTM is spearheading the broader rollout through purpose-built solutions designed to embed AI across everyday business functions.

LTM has reported significant business impact from its AI integration. Its internal AI assistant, RAIma, has delivered a 70% improvement in IT and HR query resolution, while the implementation has increased employee engagement and HR productivity by 15%. More than 23,000 developers use AI tools daily, supported by a network of over 1,300 AI experts and enablement leads.

Key Implementation Metrics

The following table summarises the key metrics reported from LTM's AI deployment across the L&T Group:

Copilot-Powered Solutions

LTM is driving the group-wide deployment through two Microsoft 365 Copilot-supported solutions. The first is Agent A.S.K. (Agent for Stories and Knowledge), a conversational AI tool designed to accelerate sales by reusing existing content. The second is RAIma, which provides personalised, conversational HR support via chat and voice. Together, these tools are being embedded across onboarding, learning, delivery, sales, and support functions throughout the organisation.

Governance and Workforce Readiness

LTM has collaborated with Microsoft to scale AI adoption and establish governance frameworks covering security, privacy, compliance, and ethical use. Over 90% of its workforce is already trained in Generative AI, reflecting the company's commitment to building organisation-wide AI capability. The deployment underscores the L&T Group's broader strategy of industrialising AI to drive productivity and smarter decision-making across functions and geographies.

"AI will fundamentally reshape how work gets done and how organizations create value. At LTM, we are empowering every employee with intelligent tools to help them work faster, learn continuously, solve complex challenges, and focus on higher-value outcomes," said Venu Lambu, Chief Executive Officer & Managing Director, LTM.