L&T Technology Services Limited — AGM Information 2024

Jun 26, 2024

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L&T Technology Services Limited A.M. Naik Tower,6th Floor, L&T Campus, Gate No.3, Jogeshwari-Vikhroli Link Road, Powai, Mumbai-400072. www.ltts.com

June 26, 2024

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra-Kurla Complex Bandra (East), Mumbai — 400 051. Trading Symbol: LTTS

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 BSE script Code: 540115

Dear Sir/ Madam,

Subject: Summary of proceedings of 12[th] Annual General Meeting of the Company for FY 2023-24 held on June 26, 2024

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of the proceedings of the 12[th] Annual General Meeting of the Company held on Wednesday, June 26, 2024, at 4.00 p.m. (IST) through video conferencing or other audio-visual means.

Kindly take the above information on record.

Yours faithfully,

For L&T Technology Services Limited

PRASAD Digitally signed by PRASAD VISHNU VISHNU SHANBHAG Date: 2024.06.26 SHANBHAG 19:27:46 +05'30'

Prasad Shanbhag Company Secretary & Compliance Officer (M. No. A 30254)

Registered Office: L&T House, N. M. Marg, Ballard Estate, Mumbai - 400 001. INDIA CIN : L72900MH2012PLC232169 Tel: +91 22 6752 5656 Fax: +91 2267525858 L&T Technology Services is a subsidiary of Larsen & Toubro Limited

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SUMMARY OF THE PROCEEDINGS OF 12[th] ANNUAL GENERAL MEETING OF THE COMPANY

The 12[th] Annual General Meeting (‘AGM’) of the Members of L&T Technology Services Limited (‘the Company’) was held on Wednesday, June 26, 2024, at 4.00 p.m. (IST) through video conferencing or other audio-visual means. The members joined the AGM virtually.

Mr. A. M. Naik, Chairman of the Company took the Chair and welcomed the Members present at the AGM and after ascertaining that the requisite quorum was present, called the Meeting to order. The Chairman then introduced the Directors present at the AGM. All the Directors of the Company, except Mr. Sudip Banerjee, Independent Director attended the AGM. The Chairman then informed the Members that Statutory Registers were available for electronic inspection by the Members.

The Chairman informed the Members that the Statutory Auditors Report on the financial statements for the financial year ended 2023-24 were unqualified and with the permission of the Members present, the notice convening the AGM and the Statutory Auditors Report on the financial statements were taken as read.

A small video clip was played as a tribute to Mr. A. M. Naik, Founder Chairman of the Company since he had decided to step down at the conclusion of the AGM.

The Members were further informed that the Company had provided the facility of remote e- voting which commenced on Sunday, June 23, 2024 (9:00 A.M. IST) and ended on Tuesday, June 25, 2024 (5:00 P.M. IST). They were also informed that the Members who had not cast their votes through remote e-voting could cast their votes during the AGM.

Members were further informed that Mr. Alwyn D’Souza of M/s. Alwyn D’Souza & Co. Practicing Company Secretary (Membership No. FCS 5559) was appointed by the Board of Directors of the Company, to supervise the e-voting process. Members were also informed that the voting results would be declared within two working days from the conclusion of the AGM which would also be intimated to the Stock Exchanges and published on websites of the Company and National Securities Depository Limited (NSDL).

The Chairman read out the following resolutions set out in the Notice dated April 25, 2024 convening the 12[th] AGM except resolution no. 4, which was read out by Mr. S. N. Subrahmanyan. The Chairman also informed the members, that since the AGM was held through electronic mode, there was no proposing and seconding of resolutions by the shareholders.

Item No.	Details of Resolutions	Resolution Required
1	Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, the Reports of the Board of Directors and Auditors thereon and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Auditors thereon.	Ordinary
2	Declaration of final dividend on equity shares for the financial year ended March 31, 2024.	Ordinary

		Ordinary	Ordinary
3	Appointment of Mr. Abhishek Sinha (DIN: 07596644) as a Director who retires by rotation and being eligible, offered himself for re- appointment.	Ordinary
4	Retirement of Mr. A. M. Naik (DIN: 00001514), Non-Executive Director of the Company, liable to retire by rotation, who does not offer himself for re-appointment.	Ordinary
5	Re-appointment of Mr. Amit Chadha (DIN: 07076149), as the Chief Executive Officer & Managing Director of the Company.	Ordinary

Thereafter, the Chairman invited the Member to express their own views, give suggestions and make enquiries on the operations and financial performance of the Company and related matters. The Chairman along with the CEO & MD responded to all the queries raised by the Members.

The Chairman further informed the members that the e-voting window would remain open on the NSDL's e-voting platform for 15 minutes from the conclusion of the AGM and requested the members to cast their votes, in case they had not cast their vote during the remote e-voting period.

The Chairman thanked the shareholders for attending and participating at the AGM.