L&T Technology Services has officially announced the resignation of Chief Business Officer Rajkumar Ravindranathan, effective from the close of business hours on January 31, 2026. The company disclosed this information to stock exchanges on February 1, 2026, pursuant to SEBI listing regulations.

Official Resignation Details

The company filed formal disclosure with both NSE and BSE, confirming that Ravindranathan has tendered his resignation to pursue career opportunities outside the group. The resignation was communicated through a regulatory filing signed by Company Secretary & Compliance Officer Prasad Shanbhag.

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive details as required under SEBI Master Circular dated November 11, 2024, ensuring full transparency regarding the senior management change.

Leadership Transition Impact

Ravindranathan's departure represents a significant change in the company's senior management structure. As Chief Business Officer for EMEA & Rest of World regions, he held a crucial position overseeing business operations across key international markets. The company will need to manage this leadership transition as part of its ongoing organizational development.

L&T Technology Services has announced securing a strategic engineering and research & development agreement from a global automotive original equipment manufacturer (OEM). This partnership marks a significant milestone for the technology services company in expanding its automotive sector presence.

Strategic Partnership Details

The agreement positions LTTS as a key technology partner for the global automotive OEM, focusing on engineering and R&D services. This collaboration is expected to leverage LTTS's expertise in automotive technology solutions and engineering capabilities.

Market Implications

This strategic agreement reinforces LTTS's growing presence in the automotive technology sector. The partnership with a global automotive OEM demonstrates the company's capability to secure high-value contracts from leading industry players.

The automotive sector continues to be a key growth area for technology services companies, with increasing demand for advanced engineering solutions and R&D capabilities. This agreement positions LTTS to capitalize on the evolving automotive technology landscape.

Company Positioning

The secured agreement highlights LTTS's competitive positioning in the automotive engineering services market. By partnering with global automotive manufacturers, the company continues to strengthen its portfolio of strategic client relationships and expand its service offerings in the automotive technology domain.