LTTS Receives Nabha Power Promoter Reclassification Request

Key Quantitative Details

• Nabha Power Limited currently holds Nil shares (0% holding) in LTTS
• Current classification: Promoter Group category
• Requested classification: Public category

Reason for Reclassification Request

The request has been made consequent to the cessation of Nabha Power Limited as a subsidiary of L&T Power Development Limited, which is a wholly owned subsidiary of Larsen & Toubro Limited. This follows the transfer of 100% equity and convertible instruments held by L&T Power Development Limited in Nabha Power Limited to Torrent Power Limited.

Next Steps

The reclassification request will be placed before the Board of Directors of L&T Technology Services Limited at its ensuing meeting for consideration.