Larsen & Toubro Limited has successfully completed its postal ballot process, with shareholders approving all seven resolutions with overwhelming majority. The company announced the results on January 19, 2026, following the conclusion of the e-voting period that ran from December 20, 2025, to January 18, 2026.

Board Appointments Receive Strong Shareholder Support

Shareholders demonstrated strong confidence in the company's leadership decisions by approving three key board appointments. The voting results showed exceptional support across all director appointments:

Mr. Amitabh Kant (DIN: 00222708) and Mr. B. Santhanam (DIN: 00494806) were appointed as independent directors for five-year terms beginning October 29, 2025. Ms. Preetha Reddy (DIN: 00001871) was re-appointed as an independent director for five years effective March 1, 2026.

Material Related Party Transactions Approved

Shareholders also approved four ordinary resolutions related to material related party transactions, demonstrating near-unanimous support for the company's strategic business relationships:

These transactions will enable the company to strengthen its business relationships with key subsidiaries and joint ventures across power generation and international operations.

Comprehensive Voting Process

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and SEBI regulations. Key details of the voting process included:

• Record Date: December 13, 2025
• Total Shareholders on Record: 17,35,696
• E-voting Period: December 20, 2025 (9:00 AM) to January 18, 2026 (5:00 PM)
• Total Shares Outstanding: 13,75,580,872
• Scrutinizer: Mr. S. N. Ananthasubramanian (FCS 4206)

The company dispatched postal ballot notices to 16,81,558 members via email on December 19, 2025, and published advertisements in Financial Express (English) and Loksatta (Marathi) newspapers on December 20, 2025.

Strong Institutional Participation

The voting pattern revealed significant participation from institutional investors, with public institutions holding 82,14,73,962 shares and achieving voting participation rates exceeding 93% for director appointments and 72% for related party transactions. Public non-institutional shareholders, holding 55,41,06,910 shares, showed participation rates of approximately 43% for director appointments.

Regulatory Compliance and Transparency

Mr. S. N. Ananthasubramanian, the appointed scrutinizer, confirmed that all votes cast were valid and that the resolutions were passed with requisite majority. The scrutinizer's report noted that votes from related parties were appropriately excluded from the related party transaction resolutions in compliance with SEBI regulations.

The voting results and scrutinizer's report have been made available on the company's investor website, ensuring full transparency and regulatory compliance. This successful postal ballot process reinforces shareholder confidence in Larsen & Toubro's governance practices and strategic direction.

Larsen & Toubro has officially announced the schedule for its quarterly earnings conference call, setting the date for January 28, 2026. The infrastructure and engineering conglomerate will host analysts and institutional investors to discuss its financial performance for the third quarter and nine-month period of fiscal year 2026.

Earnings Call Details

The company has provided specific details regarding the upcoming investor interaction through its secretarial department communication dated January 16, 2026.

Regulatory Compliance

This announcement has been made in strict adherence to regulatory requirements under the Securities and Exchange Board of India guidelines. The communication was issued pursuant to Regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to inform stock exchanges about scheduled analyst and institutional investor meetings.

Stock Exchange Notification

Larsen & Toubro has formally notified both major Indian stock exchanges about this scheduled earnings call. The company trades on BSE Limited under stock code 500510 and on the National Stock Exchange of India Limited under the symbol LT. The notification was signed by Subramanian Narayan, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols are followed.

Company Information

The communication originated from Larsen & Toubro Limited's secretarial department, headquartered at L&T House, Ballard Estate, Mumbai. The company maintains its commitment to transparency and regular investor communication through these quarterly earnings calls, providing stakeholders with insights into financial performance and business developments.