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L&T Technology Services Limited — Capital/Financing Update 2023
Jul 18, 2023
59063_rns_2023-07-18_8b7995ea-8091-451c-9ed6-c92e82ae24ea.pdf
Capital/Financing Update
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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
July 18, 2023
National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (East), Mumbai-400 051 NSE Symbol: LTTS
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 BSE Script Code: 540115
Subject: Press Release titled “L&T Technology Services wins $50 million Hi-Tech deal”
Dear Sir/Madam,
We are sending herewith copy of the Press Release titled “L&T Technology Services wins $50 million Hi-Tech deal” which is self-explanatory.
This is for your information and record.
Thanking You,
Yours sincerely,
For L&T Technology Services Limited
Prajakta Digitally signed by Prajakta Ashish Ashish Powle Date: 2023.07.18 Powle 15:58:48 +05'30'
Prajakta Powle Company Secretary & Compliance Officer M. No. A20135
Encl: As Above
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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L&T Technology Services wins $50 million Hi-Tech deal
Bangalore, India, July 18, 2023: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play digital engineering services company, announced today that it has secured a $50 million contract with a global technology company, to enable new opportunities for digital media platforms.
The latest agreement carries a 5-year tenure and is tailored to significantly enhance the flagship suite of products including the customer’s cloud native portfolio and drive new levels of automation and optimization for customer experience functions.
LTTS will also be streamlining the workflow processes and reduce the product development cycle. A key tenet of this collaboration is to leverage LTTS’ cutting-edge innovations in machine learning and artificial intelligence while enabling collaboration on a range of new next-generation experiences.
Amit Chadha, CEO and Managing Director, L&T Technology Services commented “ We are delighted to announce this key deal win and will be leveraging our multi-vertical expertise, combined with advanced machine learning techniques and deep learning networks developed with over a decade’s experience across linear and other platforms. Our team will integrate and deploy the customer’s next gen suite of offerings and help them create personalized and immersive experiences for end customers across the globe ”.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hitech, and the process industries. Headquartered in India, we have over 23,300 employees spread across 22 global design centers, 28 global sales offices and 102 innovation labs as of June 30, 2023. For more information, please visit www.LTTS.com
Media Contact: Aniruddha Basu L&T Technology Services Limited E: [email protected] T: +91-80-67675707
Anindita Sarkar L&T Technology Services Limited E: [email protected] T: +91-80-67675000
REGISTERED OFFICE: L&T House, N.M. Marg, Ballard Estate, Mumbai - 400 001 CIN: L72900MH2012PLC232169
_______________________________________________________________________________________________________________________ www.LTTS.com [email protected] Copyright © L&T Technology Services