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LTM LIMITED — AGM Information 2026
Jun 1, 2026
63251_rns_2026-06-01_0f0be931-a7f4-4024-936e-c130f4aab551.pdf
AGM Information
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A Larsen & Toubro Group Company
LTM
LTM/SE/STAT/2026-27/33
June 1, 2026
National Stock Exchange of India Limited
Exchange Plaza, Bandra-Kurla Complex
Bandra (E),
Mumbai- 400 051
The BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400 001
NSE Symbol: LTM
BSE Scrip Code: 540005
Dear Sir(s)/Madam,
Sub: Submission of proceedings of the 30th Annual General Meeting and Scrutinizer’s report
Pursuant to Regulation 30 & 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following in relation to the 30th Annual General Meeting (AGM) of the Company held through Video Conference today, Monday, June 1, 2026 at 11:00 a.m. (IST) –
a. Summary of proceedings; and
b. Scrutinizer’s report.
Basis the report submitted by the Scrutinizer, we confirm that all the resolutions outlined in the Notice convening the 30th AGM have been duly passed with the requisite majority.
The same is also being uploaded on the Company’s website at https://www.ltm.com/investors
The above is for your information and records.
Thanking you,
Yours faithfully,
For LTM Limited
Angna Arora
Company Secretary & Compliance Officer
Encl: As above
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072,
Maharashtra, India.
T: +91 22 6776 6776
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: [email protected] • CIN: L72900MH1996PLC104693
A Larsen & Toubro Group Company
LTM
SUMMARY OF PROCEEDINGS OF THE 30th ANNUAL GENERAL MEETING OF LTM LIMITED
The 30th Annual General Meeting ('AGM') of LTM Limited (formerly known as LTIMindtree Limited) ('the Company'), was held on Monday, June 1, 2026 at 11:00 A.M. (IST) through Video Conference ('VC') or Other Audio-Visual Means ('OAVM'), in accordance with the requirements of the Companies Act, 2013 read with Circulars issued by Ministry of Corporate Affairs (MCA) and Securities Exchange Board of India (SEBI).
Mr. S.N. Subrahmanyan, Chairman, chaired the AGM and welcomed the Members. He then introduced the Directors, and Company Secretary attending the AGM. He also informed the Members that senior officials of the Company, Statutory Auditor and Secretarial Auditor were also virtually present.
ATTENDEES AT THE 30TH AGM
Directors & Management
Mr. S. N. Subrahmanyan
Chairman
Mr. R. Shankar Raman
Non-Executive Director
(joined from A.M. Naik Tower, Powai, Mumbai)
Mr. Venugopal Lambu
CEO & Managing Director
Mr. Vipul Chandra
Chief Financial Officer & Whole-time Director
Mr. Sanjeev Aga
Independent Director & Chairman of Nomination and Remuneration Committee
(joined through VC from Mumbai)
Mr. James Abraham
Independent Director & Chairman of Audit Committee
(joined through VC from Gurgaon)
Ms. Apurva Purohit
Independent Director & Chairperson of Corporate Social Responsibility Committee
(joined through VC from Mumbai)
Mr. Bijou Kurien
Independent Director & Chairman of Stakeholders' Relationship Committee
(joined through VC from Bengaluru)
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072, Maharashtra, India.
T: +91 22 6776 6776
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: [email protected] • CIN: L72900MH1996PLC104693
A Larsen & Toubro Group Company
LTM
Mr. Chandrasekaran
Ramakrishnan
Independent Director
(joined through VC from Leh Ladakh)
Ms. Angna Arora
Company Secretary & Compliance Officer
(joined from A.M. Naik Tower, Powai, Mumbai)
Mr. Vinayak Chatterjee Independent Director and Chairman of Risk Management Committee sought leave of absence from the AGM due to unavoidable reasons.
Other participants
Mr. Alwyn D’souza
Partner, M/s. Alwyn Jay & Co. (Secretarial Auditor)
Ms. Krupa Joisar
Practicing Company Secretary (Scrutinizer)
Mr. Gurvinder Singh
Partner, Deloitte Haskins & Sells, Chartered Accountants LLP (Statutory Auditor)
Members
71 Members attended the AGM.
Requisite quorum being present, Chairman called the AGM to order and mentioned that since the 30th AGM was being held through VC, appointment of proxies by Members was not allowed.
He informed the Members that electronic copy of the Integrated Annual Report for FY-26 and Notice convening the 30th AGM were sent to Members by e-mail on their registered e-mail id.
With due permission of Members, Notice convening the 30th AGM, reports by the Statutory Auditor and Secretarial Auditor were taken as read.
Chairman then addressed the Members, highlighting the Company’s business activities during FY-26. He also mentioned about the introduction of LTM’s new identity and re-positioning of the Company post brand change and name change. He further acknowledged the efforts of the leadership team for steering the organization through a year of transition and heightened macro challenges.
Thereafter, he requested the Company Secretary to brief Members on the AGM proceedings.
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072
Maharashtra, India.
T: +91 22 6776 6776
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: [email protected] • CIN: L72900MH1996PLC104693
A Larsen & Toubro Group Company
LTM
Ms. Angna Arora, Company Secretary, thanked members for their continued support throughout the year, including for their overwhelming support on resolution put to vote through postal ballots during FY-26. She added that with change in name to LTM Limited, the stock symbol had also changed to "LTM".
She then briefed the members on the shareholders initiatives undertaken during the year including Saksham Niveshak initiative under the name – ‘Claim What’s Yours – Empowering Investors Together’ to support shareholders claim back their unclaimed dividends/shares thereon.
She then apprised the Members on the start date & time and end date & time for remote e-voting, the guidelines for e-voting at the meeting on the resolutions, details of the Scrutinizer, submission of voting results and advice to those Members who had registered themselves as speaker at the AGM. Ms. Arora then handed over the proceedings back to the Chairman.
With due permission of the Members, Chairman tabled the agenda items as contained in the Notice convening the 30th AGM and mentioned that since all the resolutions were already put to vote during the remote e-voting period, no motion would be moved at the meeting for the proposed resolutions.
For ease of reference of Members, brief description of the resolutions were outlined as under:-
| Item No. | Description of the resolutions | Type of resolution |
|---|---|---|
| 1 | Adoption of Audited Standalone Financial Statements for the year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon. | Ordinary |
| 2 | Adoption of Audited Consolidated Financial Statements for the year ended March 31, 2026 and the report of the Auditors thereon. | |
| 3 | Declaration of final dividend of INR 53 per equity share of face value of INR 1 for the Financial Year 2025-26. | |
| 4 | Appointment of Mr. R. Shankar Raman (DIN:00019798), as Director liable to retire by rotation. | |
| 5 | Appointment of Mr. Vipul Chandra (DIN:06692474), as Whole-time Director w.e.f. April 23, 2026. | |
| 6 | Re-Appointment of Mr. James Abraham (DIN:02559000), as Independent Director for second term w.e.f. July 18, 2026. | Special |
Chairman then opened the floor to the registered speaker shareholders, to raise queries/ask questions. Questions/Queries raised by Members were suitably responded by the Chairman & Mr. Venu Lambu.
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072,
Maharashtra, India.
T: +91 22 6776 6776
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: [email protected] • CIN: L72900MH1996PLC104693
A Larsen & Toubro Group Company
LTM
Chairman then authorised the Company Secretary to receive Scrutinizer's report and subsequently, declare the voting results by informing the Stock Exchanges.
He informed the Members that the e-voting window was open on the NSDL e-voting platform for 15 minutes from the conclusion of the AGM and requested Members to cast their votes, in case they had not cast vote during the remote e-voting period.
Chairman concluded the proceedings of the AGM by thanking all the Members and Directors for joining the meeting.
The AGM concluded at 12:20 p.m. (IST).
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072, Maharashtra, India.
T: +91 22 6776 6776
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: [email protected] • CIN: L72900MH1996PLC104693
CS
Krupa Joisar & Associates
Date: June 01, 2026
Consolidated Scrutinizer’s Report
[Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended by Companies (Management and Administration) Amendment Rules, 2015 and Regulations 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')]
To,
The Chairperson,
LTM Limited (formerly known as LTIMindtree Limited)
L&T House,
Ballard Estate,
Mumbai - 400001
Dear Sir,
-
I, Krupa Joisar, proprietor of M/s. Krupa Joisar & Associates, Practicing Company Secretaries, have been appointed as Scrutinizer by the Board of Directors of LTM Limited (formerly known as LTIMindtree Limited) ('the Company') for the purpose of scrutinizing the process of voting through electronic means, including remote e-voting on the resolutions contained in the notice dated April 23, 2026 ('Notice') convening the 30th Annual General Meeting ('AGM') of the Company, issued in accordance with the General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs (MCA) in continuation of the earlier MCA Circulars (collectively referred to as 'MCA Circulars'), and in compliance with the provisions of Section 108 and other applicable provisions of the Companies Act, 2013, read with the rules made thereunder and applicable provisions of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India (SS-2') and other applicable laws, rules and regulations.
-
The said appointment as Scrutinizer has been made under the provisions of Section 108 of the Companies Act, 2013 ('the Act'), read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended ('the Rules'). As the Scrutinizer, I am required to scrutinize the:
i. process of remote e-voting before the AGM, using an electronic voting system during the period specified in the Notice convening the AGM ('remote e-voting'); and
A308, Neelkanth Business Park, Nathani Road, Vidyavihar West, Mumbai 400 086.
+91 91377 92835 / +91 83560 61936 @ [email protected] www.krupajoisar.com
ii. process of e-voting conducted at the AGM through an electronic voting system ('e-voting at the AGM').
- Management's Responsibility:
The management of the Company is responsible for ensuring compliance with the requirements of (i) the Companies Act, 2013 and the Rules made thereunder; (ii) the MCA Circulars; and (iii) the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, ("LODR"), relating to the e-voting (i.e. remote e-voting and e-voting at the AGM) process for the resolution set out in the Notice. Additionally, the management of the Company is responsible for ensuring the security, integrity, and robustness of the electronic voting system.
- Scrutinizer's Responsibility:
My responsibility as the Scrutinizer for the e-voting process is limited to preparing a consolidated Scrutinizer's report on the votes cast 'in favour', 'against' or treated as 'invalid' on the resolutions set out in the Notice. This report is based on the data and reports generated from the e-voting system provided by National Securities Depository Limited ('NSDL'), the agency authorized under the Rules and engaged by the Company to provide the e-voting facility, along with the attendant records, other papers or documents furnished to me electronically by the Company, NSDL and/or MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), the Registrar and Transfer Agent of the Company ('RTA'), for the purpose of verification.
- Cut-off date:
The equity shareholders of the Company whose names appeared in the Register of Members as on the "Cut-off" date, i.e. Monday, May 25, 2026 (as specified in the Notice), were entitled to vote on the resolutions (item nos. 1 to 6 as set out in the Notice) and their voting rights were in proportion to their shareholding in the paid-up equity share capital of the Company as on the said cut-off date.
- Remote e-voting process and E-voting at the AGM:
(i) The remote e-voting commenced on Thursday, May 28, 2026 at 9:00 a.m. (IST) and concluded on Sunday, May 31, 2026 at 5:00 p.m. (IST). Thereafter, the remote e-voting platform was disabled by NSDL. The e-voting at the AGM was made available for shareholders who did not cast their vote during the remote e-voting process. The e-voting window at the AGM was available for 15 minutes after conclusion of the AGM proceedings on Monday, June 1, 2026.
(ii) The consolidated votes cast i.e. via remote e-voting and e-voting at the AGM, were unblocked on Monday, June 01, 2026 after the conclusion of the AGM i.e., after 12:20 p.m.
(iii) Subsequently, the details containing, inter-alia, the list of equity shareholders who voted "in favour" or "against" the resolutions put to vote, were generated from the NSDL's e-voting website, (i.e. at www.evoting.nsdl.com), Based on the report generated by NSDL and relied upon by me, the e-voting data was scrutinized on test - check basis.
- Consolidated Report:
I hereby submit my consolidated report (enclosed herewith) on the result of the e-voting, based on the reports generated by NSDL, which were scrutinized on a test - check basis and relied upon by me, in respect of the resolutions set out in the Notice.
-
The electronic data relating to the e-voting process, provided by NSDL, is under my safe custody and will be handed over to the Company Secretary and Compliance Officer, or any other person authorized by the Board for this purpose, for safe preservation.
-
Restriction on Use:
This report has been issued at the request of the Company for the following purposes: (i) submission to the Stock Exchanges, (ii) placement on the Company's website, and (iii) placement on the website of NSDL. This report is not intended to be used for any other purpose or distributed by the Company to any other parties. Accordingly, I do not accept or assume any liability or any duty of care or responsibility for any other purpose or to any other party to whom this report may be shown or into whose hands it may come, without my prior written consent.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Digitally signed by
Krupa Jagdish Joisar
Date: 2026.06.01
18:03:19 +05'30'
Krupa Joisar
Membership No: F11117
CP No: 15263
Peer Review No: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
Countersigned by
For LTM Limited (formerly known as LTIMindtree Limited)
Angna
Anish Arora
Digitally signed by
Angna Anish Arora
Date: 2026.06.01
18:19:17 +05'30'
Angna Arora
Company Secretary & Compliance Officer
Membership No: A17742
Consolidated Results
| Resolution 1: (Ordinary) | To consider and adopt the Audited Standalone Financial Statements for the year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon. |
|---|---|
| Particulars | Remote E-voting |
| (Rounded upto two decimals) | |
| --- | --- |
| Number | |
| Assent | 1170 |
| Dissent | 13 |
| Invalid | 0 |
| Total | 1183 |
Based on the aforesaid result, we report that the Ordinary Resolution as set out in Item No.1 of the Notice of the AGM has been passed with the requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
| Resolution 2: (Ordinary) | To consider and adopt the Audited Consolidated Financial Statements for the year ended March 31, 2026 and the report of the Auditors thereon. |
|---|---|
| Particulars | Remote E-voting |
| --- | --- |
| Number | |
| Assent | 1169 |
| Dissent | 13 |
| Invalid | 0 |
| Total | 1182 |
Based on the aforesaid result, we report that the Ordinary Resolution as set out in Item No. 2 of the Notice of the AGM has been passed with the requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Digitally signed
by Krupa Jagdish
Ionar
Date: 2026.06.01
18:04:05 +05'30'
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
| Resolution 3: (Ordinary) | To declare a final dividend of Rs. 53/- per equity share of face value of Rs. 1/- each for the Financial Year 2025-26. |
|---|---|
| Particulars | Remote E-voting |
| --- | --- |
| Number | |
| Assent | 1174 |
| Dissent | 9 |
| Invalid | 0 |
| Total | 1183 |
Based on the aforesaid result, we report that the Ordinary Resolution as set out in Item No. 3 of the Notice of the AGM has been passed with requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Digitally signed
Jagdish
by Krupa Jagdish
Joisar
Date: 2026.06.01
16:04:26 +05'30'
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
| Resolution 4: (Ordinary) | To appoint a Director in place of Mr. R Shankar Raman (DIN: 00019798), who retires by rotation, and being eligible, has offered himself for re-appointment. |
|---|---|
| Particulars | Remote E-voting |
| --- | --- |
| Number | |
| Assent | 873 |
| Dissent | 315 |
| Invalid | 0 |
| Total | 1188 |
Based on the aforesaid result, we report that the Ordinary Resolution as set out in Item No. 4 of the Notice of the AGM has been passed with requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Digitally signed
by Krupa
10/20/2017
10:00:30 PM
10/20/2017
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
| Resolution 5: (Ordinary) | To appoint Mr. Vipul Chandra (DIN:06692474) as Whole-Time Director. |
|---|---|
| Particulars | Remote E-voting |
| --- | --- |
| Number | |
| Assent | 966 |
| Dissent | 228 |
| Invalid | 0 |
| Total | 1194 |
Based on the aforesaid result, we report that the Ordinary Resolution as set out in Item No. 5 of the Notice of the AGM has been passed with requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Digitally signed
by Krupa
Jagdish Joisar
Date: 2026.06.01
18:04:49 +03'30'
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai
| Resolution 6: (Special) | To re-appoint Mr. James Abraham (DIN:02559000) as an Independent Director. |
|---|---|
| Particulars | Remote E-voting |
| --- | --- |
| Number | |
| Assent | 968 |
| Dissent | 227 |
| Invalid | 0 |
| Total | 1195 |
Based on the aforesaid result, we report that the Special Resolution as set out in Item No. 6 of the Notice of the AGM has been passed with requisite majority.
For Krupa Joisar & Associates
Company Secretaries
Krupa
Jagdish
Joisar
Digitally signed
by Krupa Jagdish
Joisar
Date: 2026.06.01
18:03:01 +00'30'
Krupa Joisar
Mem no. F11117
CP No: 15263
Peer Review Certificate No.: 8033/2026
UDIN: F011117H000563812
Date: June 01, 2026
Place: Mumbai