L&T Technology Services Limited
LTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and PlantEngineering. LTTS‚Äô customer base includes 69 Fortune 500 companies and 53 of the world‚Äôs top ER&D companies.The business also provides digital…
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LTTS has applied for Nabha Power Limited's re-classification from 'Promoter Group' to 'Public' category. This Board-approved move will alter the company's ownership structure and increase its public float.
The company reported quarterly consolidated revenue of ₹2,940.1 Cr and a net profit of ₹357.1 Cr. The board approved these results, re-appointed Luis Miranda as an Independent Director, and noted Narayanan Kumar's cessation. Nabha Power Limited was re-classified to the 'Public' category, pending approvals.
LTTS clarified a media report mistakenly attributed Q1 profit figures to them. The company emphasized it has announced a board meeting to approve the financial results for the quarter.
L&T Technology Services received a request from Nabha Power Limited (NPL) to re-classify from 'Promoter Group' to 'Public' category. NPL, holding 0 shares in LTTS, is no longer an L&T subsidiary after its transfer to Torrent Power. The board will consider this request.
L&T Technology Services Limited has informed the Exchange regarding 'Annual Secretarial Compliance Report for FY 2025-26'.