LTM LIMITED — Capital/Financing Update 2024

Sep 27, 2024

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LTIM/SE/STAT/2024-25/68

September 27, 2024

National Stock Exchange of India Limited, The BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001

NSE Symbol: LTIM

BSE Scrip Code: 540005

Dear Sir(s)/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) - Regulations, 2015 Incorporation of a wholly owned subsidiary.

With reference to our intimation bearing reference no. LTIM/SE/STAT/2024-25/47 dated July 17, 2024, wherein we had informed that the Board of Directors have accorded their approval to setup an entity by way of a wholly owned subsidiary in Brazil, we hereby inform you that, the aforementioned subsidiary by the name ‘LTIMindtree Consulting Brazil Ltda.’, a limited liability company has been incorporated with effect from September 26, 2024.

The details as required pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is mentioned in Annexure A .

This is for your information and records.

Thanking you, Yours faithfully,

For LTIMindtree Limited

Angna Digitally signed by Angna Arora Arora Date: 2024.09.27 10:32:33 +05'30' Angna Arora Company Secretary and Compliance Officer

Encl. As above

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Annexure A

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----- Start of picture text ----- Sr. Particulars DetailsNo.(a) Name of the target entity, details in brief Name - LTIMindtree Consulting Brazil Ltda.such as size, turnover etc.;Share capital - R$3.900.000,00 (three million and ninehundred thousand reais), divided into 3.900.000 (threemillion and nine hundred thousand) quotas, withnominal value of R$1.00 (one real) each.(b) Whether the acquisition would fall LTIMindtree Consulting Brazil Ltda., uponwithin related party transaction(s)? If incorporation, has become a related party of theyes, nature of interest and details Company.thereof and whether the same is done at“arm’s length”;(c) Whether the promoter/ promoter Apart from mentioned above, promoter/promotergroup/group companies have any group is in no way interested in the aforementionedinterest in the entity being acquired? If transaction.yes, nature of interest and detailsthereof and whether the same is done at“arm’s length”;(d) Industry to which the entity being IT & ITESacquired belongs(e) Objects and impact of acquisition LTIMindtree Consulting Brazil Ltda. general purpose is(including but not limited to, disclosure to provide Information Technology Consulting & Digitalof reasons for acquisition of target Solutions services including IT enabled services,entity, if its business is outside the main outsourcing support and allied services to customers.line of business of the listed entity);(f) Brief details of any governmental or Pursuant to a registration with the Commercial Registryregulatory approvals required for the of São Paulo, LTIMindtree Consulting Brazil Ltda. hasacquisition; been set-up as a wholly-owned subsidiary in the formof limited liability Company with effect from September26, 2024.(g) Indicative time period for completion of Not Applicablethe acquisition;----- End of picture text -----

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(h)	Consideration-whethercashconsideration or share swap or any otherform and details of the same;	Cash consideration
(i)	Cost of acquisition and/ or the price atwhich the shares are acquired	LTIMindtree Consulting Brazil Ltda. has been set-up as awholly-owned subsidiary with an equity share capital ofR$3.900.000,00.
(j)	Percentageofshareholding/controlacquired and / or number of sharesacquired;	100% stake will be by the Company.R$3.900.000,00 (three million and nine hundredthousand reais), divided into 3.900.000 (three millionand nine hundred thousand) quotas, with nominalvalue of R$1.00 (one real) each.
(k)	Brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant information(in brief)	Date of incorporation – September 26, 2024Line of business – IT & ITESCountry of presence – Brazil

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