LTM to transfer unclaimed shares to IEPF in August

1 min read     Updated on 20 May 2026, 07:08 AM
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AI Summary

LTM Limited will transfer equity shares linked to unclaimed dividends from 2019 to the IEPF Authority in August 2026. Shareholders must claim their dividends by August 21, 2026, to prevent the transfer. Post-transfer, claims must be made directly to the IEPF Authority.

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LTM Limited has informed its shareholders that equity shares corresponding to dividends unclaimed for seven consecutive years will be transferred to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Section 124(6) of the Companies Act, 2013 and the relevant rules governing the fund.

The company specified that dividends declared in July 2019, which have not been claimed, are due for transfer. The unclaimed amounts and the associated shares will be credited in favour of the IEPF if valid claims are not received by the stipulated deadlines.

Details of Unclaimed Dividends

The company has identified specific dividends from the financial year 2018-19 that are subject to this transfer. The table below outlines the declaration dates, financial years, and the critical deadlines for shareholders to act.

Sr. No. Date of Declaration of Dividend Type of Dividend Financial year Declared by Last date to claim the dividend Date from which shares will be liable to be transferred to IEPF
1 July 16, 2019 Final 2018-19 Mindtree August 20, 2026 August 22, 2026
2 July 20, 2019 Special
3 July 20, 2019 Final LTI August 21, 2026 August 23, 2026

Shareholder Action Required

Individual notices are being dispatched to all affected members. The company has urged shareholders to claim their dividends on or before the dates mentioned in the table to avoid the transfer of their shares and dividend amounts to the IEPF.

Once the shares are transferred to the IEPF, no claim will lie against the company. However, shareholders may subsequently claim the shares and dividends by submitting an application directly to the IEPF Authority in accordance with the prescribed rules. Details of affected members are available on the company’s website.

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%+1.06%-12.43%-31.48%-17.66%+12.41%

How might the volume of unclaimed dividends being transferred to IEPF reflect broader shareholder engagement trends at LTM Limited following its merger of Mindtree and LTI?

What procedural challenges could shareholders face when attempting to reclaim transferred shares and dividends directly from the IEPF Authority after the August 2026 deadline?

Could the upcoming IEPF transfer deadline trigger increased retail investor awareness campaigns across the Indian corporate sector ahead of the August 2026 cutoff?

LTM Limited Wins Golden Peacock Award for Excellence in Artificial Intelligence 2026

2 min read     Updated on 19 May 2026, 01:22 PM
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LTM Limited (formerly LTIMindtree Limited) has been awarded the Golden Peacock Award for Excellence in Artificial Intelligence 2026 by the Institute of Directors, India. Selected from over 511 applications through a three-tier evaluation chaired by Former Chief Justice Uday U. Lalit, the award recognises LTM's BlueVerseâ„¢-anchored AI framework, responsible enterprise-scale AI deployment, and over 30 proprietary patents across 40 countries.

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LTM Limited (formerly LTIMindtree Limited), the Business Creativity partner to the world's largest enterprises, has been conferred the Golden Peacock Award for Excellence in Artificial Intelligence (GPAEAI) 2026 by the Institute of Directors (IoD), India. The award recognises LTM's sustained leadership in enterprise-scale, responsible, and impact-driven AI adoption. The announcement was made on May 15, 2026, via a press release submitted to the stock exchanges under Regulation 30.

A First-of-Its-Kind Recognition

The 'Excellence in AI' category was introduced as part of the Golden Peacock Awards in 2026, with winners in this category being recognised for the first time. This category benchmarks strategic alignment, resource optimisation, and operational reliability, ensuring AI initiatives are closely aligned to business goals. It rewards organisations that adopt robust, unbiased, and accurate AI systems linked to business objectives, while encouraging responsible innovation with a focus on ethical and sustainable outcomes.

Competitive Evaluation Process

LTM was selected through a highly competitive and transparent evaluation process. Key details of the assessment are outlined below:

Parameter: Details
Total Applications Received: Over 511
Organisations Shortlisted: 206
Assessment Structure: Three-tier rigorous evaluation
Jury Chairperson: Hon'ble Justice Uday U. Lalit, Former Chief Justice of India
Award Category: Excellence in Artificial Intelligence (introduced in 2026)

Only a select group of the highest-performing organisations among those shortlisted were declared winners, underscoring the competitive nature of the process.

BlueVerseâ„¢ at the Core of LTM's AI Framework

The award acknowledges LTM's comprehensive AI framework anchored in BlueVerseâ„¢, its enterprise AI ecosystem that enables organisations to move from pilot-led experimentation to production-grade AI deployment at scale. LTM's AI programmes have delivered measurable outcomes across internal operations and client engagements, supported by strong governance, ethical safeguards, and regulatory alignment.

Leadership Voices

Senior leaders from both LTM and the Institute of Directors shared their perspectives on the recognition:

  • Krishnan Iyer, Chief Growth Officer, LTM, said: "This recognition underscores our focus on taking AI beyond experimentation to responsible, enterprise-scale deployment that delivers measurable business value. The Award for Excellence in AI category validates the strength of our BlueVerse-led approach, grounded in governance, ethics, and outcomes that matter to our clients."

  • Manoj K. Raut, Chief Executive Officer and Secretary-General, Institute of Directors (IOD), India, said: "A new era has begun with AI, and by winning the prestigious Golden Peacock Award for Excellence in Artificial Intelligence, LTM Limited has demonstrated its leadership in advancing AI-driven, cloud-native, and data-first IT services and solutions. We are delighted to see how the company has developed several proprietary platforms, backed by over 30 patents, offering an enterprise-wide approach to AI and reaffirming its commitment to building trusted and sustainable AI systems."

About the Golden Peacock Awards

The Golden Peacock Awards are among India's most respected corporate honours, recognising excellence across artificial intelligence, innovation, quality, business excellence, and training. The awards follow an independent and transparent assessment framework, benchmarking organisations against world-class standards.

About LTM

LTM — a Larsen & Toubro Group Company — is an AI-centric global technology services company. With over 87,000 employees across 40 countries and a global network of partners, LTM brings human insights and intelligent systems together to help clients create greater value at the intersection of technology and domain expertise. Its capabilities span integrated operations, transformation, and business AI.

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%+1.06%-12.43%-31.48%-17.66%+12.41%

How might LTM's BlueVerseâ„¢ framework evolve to address emerging regulatory requirements around AI governance in key markets like the EU and US over the next 12-18 months?

Could the Golden Peacock Award recognition translate into measurable competitive advantages in enterprise AI deal wins, and how might it impact LTM's revenue growth trajectory?

With over 30 patents backing LTM's AI platforms, how might the company monetize its intellectual property portfolio through licensing or spin-off ventures in the near future?

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1 Year Returns:-17.66%