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L&T Technology Services Limited M&A Activity 2023

Apr 1, 2023

59063_rns_2023-04-01_af8d3f5c-b48b-4405-997b-4ca3fb6de7cb.pdf

M&A Activity

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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

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April 1, 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

Dear Sir / Madam,

Subject: Update on acquisition of substantial portion of Smart World & Communication Business of Larsen & Toubro Limited

With reference to our letter dated January 12, 2023, we wish to inform you that the Company has completed the acquisition of substantial portion of Smart World & Communication Business of Larsen & Toubro Limited (L&T) on April 1, 2023, consequent to completion of conditions precedent as identified in the Business Transfer Agreement dated January 12, 2023 entered between the Company and L&T.

This is for your information and record.

Thanking You,

Yours sincerely,

For L&T Technology Services Limited

Digitally signed by Prajakta Prajakta Ashish Powle Ashish Powle Date: 2023.04.01 08:47:28 +05'30'

Prajakta Powle Company Secretary & Compliance Officer (M. No. A 20135)

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