Meeting Details
- Date: Monday, June 1, 2026
- Time: Commenced at 3:30 p.m. (IST), concluded at 4:45 p.m. (IST)
- Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Type of Meeting: 14th Annual General Meeting
Proposed Resolutions and Implications
The following seven resolutions were proposed for shareholder approval:
1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Declaration of Final Dividend of ₹40 per equity share (face value ₹2 each) for financial year 2025-26
3. Ordinary Resolution: Appointment of Dr. Keshab Panda (DIN: 05296942) as Director retiring by rotation
4. Ordinary Resolution: Re-Appointment of Mr. Alind Saxena (DIN: 10118258) as Executive Director
5. Ordinary Resolution: Appointment of Mr. Rajeev Gupta (DIN: 06782710) as Executive Director
6. Special Resolution: Appointment of Mr. Amitabh Kant (DIN: 00222708) as Independent Director
7. Special Resolution: Appointment of Ms. Sumithra Gomatam (DIN: 07262602) as Independent Director
Voting Process and Methods
- The meeting was conducted through electronic means, making the facility for appointment of proxies not applicable
- Remote e-voting facility was provided from May 29, 2026, to May 31, 2026
- Members who had not voted earlier could cast their vote during the AGM and up to 15 minutes after its conclusion
- Mr. Alwyn D'Souza of M/s. Alwyn D'Souza & Co., Practicing Company Secretary (Membership No. FCS 5559) was appointed to supervise the e-voting process
- Voting results were to be declared within two working days from conclusion of the AGM and intimated to Stock Exchanges and published on company and NSDL websites
Business Updates and Strategic Direction
During his address, Chairman Mr. S. N. Subrahmanyan highlighted:
- LTTS is undergoing a strategic shift towards becoming India's first deep-tech Engineering Intelligence company
- The company delivered strong performance with quarterly revenues crossing USD 300 million
- Maintained healthy margins and continued large-deal momentum
- Serves a global client base including 69 Fortune 500 companies
- Leadership anchored in AI-first platforms (PLxAI and AiNexus) and portfolio of over 1,700 patents (including 230+ in AI and GenAI)
- Balanced portfolio across Mobility, Sustainability, and Tech driving growth
- Lakshya 31 mandate accelerating transition toward scalable, platform-led delivery
- Focus on internal leadership development and future-ready talent building
- Innovation through design centres and TECHgium initiatives
- Commitment to responsible growth through impactful CSR programs
- Robust order book and strategic positioning for sustainable, profitable, long-term double-digit growth
Attendance and Proceedings
- Mr. S. N. Subrahmanyan, Chairman, presided over the meeting
- All Directors were introduced; Executive Director & CFO and Company Secretary & Compliance Officer were physically present
- Other Directors attended virtually
- Representatives of Statutory Auditors and Secretarial Auditors joined through Video Conferencing
- Integrated Annual Report, including Notice of Meeting and Auditors' Report with unmodified opinion, had been circulated electronically
- Secretarial Auditor's Certificate confirming compliance with Employee Stock Option Scheme was part of the Integrated Annual Report
- Q&A session was conducted where Chairman and CEO & MD responded to member queries
Compliance Confirmation
The meeting was conducted in accordance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Circulars issued by Ministry of Corporate Affairs (MCA) and Securities Exchange Board of India (SEBI)
- SEBI Master Circular No. HO/CFD/PoD2/CIR/P/2026/14(7) dated January 30, 2026