L&T Technology Services Schedules 14th Annual General Meeting for June 1, 2026; Recommends Final Dividend of Rs. 40 Per Share

L&T Technology Services Limited has announced the convening of its Fourteenth (14th) Annual General Meeting (AGM) on Monday, June 1, 2026, at 3:30 p.m. (IST). The meeting will be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with applicable provisions of the Companies Act, 2013 and the relevant circulars issued by the Ministry of Corporate Affairs (MCA), including General Circular No. 03/2025 dated September 22, 2025. A newspaper advertisement disclosing the AGM details was published on May 8, 2026, in The Financial Express (all India editions) in English and Loksatta (Maharashtra editions) in Marathi, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Details at a Glance

The key parameters of the 14th AGM are summarised below:

Parameter: Details Meeting Type: Fourteenth (14th) Annual General Meeting Date & Time: Monday, June 1, 2026 at 3:30 p.m. (IST) Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM) Record Date: Friday, May 22, 2026 Recommended Final Dividend: Rs. 40/- per equity share (Face Value Rs. 2/- each) Dividend Period: FY 2025-26 Registrar & Share Transfer Agent: KFin Technologies Limited Company Website: www.LTTS.com

Notice Dissemination and E-Voting

In compliance with MCA Circulars and SEBI Listing Regulations, the Notice of the AGM along with the Integrated Annual Report for FY 2025-26 will be sent through electronic mode to members whose email addresses are registered with the Company, Registrar & Share Transfer Agent (RTA) viz. KFin Technologies Limited, Depositories, or Depository Participants (DPs). For members whose email IDs are not registered, a letter containing the exact web-link of the website where the Integrated Annual Report is hosted will be sent to their registered address. The Notice of the AGM and Integrated Annual Report will also be available on the Company's website at www.LTTS.com , on the websites of BSE Limited and National Stock Exchange of India Limited, and on the website of National Securities Depository Limited (NSDL).

Members can join and participate in the AGM exclusively through VC/OAVM. Instructions for joining the AGM and the manner of participation in remote e-voting or casting votes through the e-voting system during the AGM will be provided in the Notice of the AGM. Login details for e-voting will be sent to registered email addresses of members already registered with the Company, RTA, Depositories, or DPs. Members who have not yet registered their email addresses are requested to do so with their DPs (for shares held in dematerialised form) or with the Company/RTA (for shares held in physical form).

Dividend and Record Date

The Board of Directors, at its meeting held on April 22, 2026, has recommended a Final Dividend of Rs. 40/- per equity share of face value of Rs. 2/- each for FY 2025-26, subject to approval by members at the 14th AGM. The Record Date for determining the entitlement of members to the Final Dividend for FY 2025-26 has been fixed as Friday, May 22, 2026. If approved at the 14th AGM, the Final Dividend will be paid electronically to members as on the Record Date who have updated their bank account details, within 30 days of the AGM.

In accordance with the provisions of SEBI Listing Regulations (Fifth Amendment) dated November 18, 2025, all dividend payments will be made exclusively through electronic modes. Payment to shareholders holding shares in physical form will be made only after they furnish their PAN, contact details (postal address with PIN and mobile number), bank account details, and specimen signature (KYC).

KYC Update and Tax on Dividend

Members who have not registered or updated their PAN, KYC details (including email, mobile number, and bank account details), and nomination details for receipt of dividend through Electronic Clearing Service (ECS) are requested to register or update the same as follows:

Holding Type: Action Required Physical Holding: Register/update details in prescribed Form ISR-1 and other relevant forms with RTA at einward.ris@kfin.com Dematerialised Holding: Register/update details in your demat account as per the process advised by your respective Depository Participant

Pursuant to the Finance Act, 2020 and amendments thereof, dividend income is taxable in the hands of members with effect from April 1, 2020, and the Company is required to deduct tax at source (TDS) from dividend paid to members, as applicable. The Final Dividend for FY 2025-26, if approved at the 14th AGM, will be paid after deducting TDS in accordance with the provisions of the Income Tax Act, 2025 (earlier Income Tax Act, 1961). Members are requested to submit all requisite documents to avail tax exemption or benefit of deduction of TDS at a lower rate on or before Friday, May 22, 2026.

L&T Technology Services filed a revised investor presentation for Q4FY26 on April 24, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that the revision was made to rectify certain inadvertent typographical errors in the "Revenue Share by Segment" and "Employee Statistics" pertaining to earlier quarters in the version submitted on April 22, 2026. The company confirmed that there is no change in the audited financial results submitted on April 22, 2026, as approved by the Board of Directors for the financial year 2025-26.

FY26 Financial Performance

The Board of Directors had approved comprehensive audited financial results for FY26 during its meeting held on April 22, 2026. For continuing operations, the company reported revenue of ₹1,09,959 million for the year, up 14.0% from the previous year. Total revenue including discontinued operations stood at ₹1,12,171 million. Net income from continuing operations was ₹12,818 million with a margin of 11.7%, while total net income reached ₹12,792 million. EBIT for continuing operations was ₹15,898 million with a margin of 14.5%.

FY26 Performance (Continuing Operations): FY26 FY25 YoY Growth Revenue (₹ million): 1,09,959 96,422 14.0% EBIT (₹ million): 15,898 14,866 6.9% Net Income (₹ million): 12,818 11,932 7.4% EBIT Margin: 14.5% 15.4% Net Income Margin: 11.7% 12.4%

Q4FY26 Quarterly Results

For Q4FY26, continuing operations revenue reached ₹28,579 million, up 8.3% year-on-year and 2.5% quarter-on-quarter. Net income for the quarter stood at ₹3,467 million with a margin of 12.1%, while EBIT was ₹4,349 million with a margin of 15.2%. The company recorded total revenue including discontinued operations of ₹29,132 million with net profit of ₹3,327 million.

Q4FY26 Key Metrics (Continuing Operations): Q4 FY26 Q3 FY26 Q4 FY25 QoQ YoY Revenue (₹ million): 28,579 27,872 26,378 2.5% 8.3% EBIT (₹ million): 4,349 4,124 3,518 5.5% 23.6% Net Income (₹ million): 3,467 3,183 2,804 8.9% 23.6% EBIT Margin: 15.2% 14.8% 13.3% Net Income Margin: 12.1% 11.4% 10.6%

Corporate Developments

The Board recommended a final dividend of ₹40 per equity share of face value ₹2 each for FY26, representing a dividend payout ratio of 48% for the year. The ROE for the year stood at 20.4%. Significant leadership appointments included Mr. Rajeev Gupta as Executive Director & Chief Financial Officer for three years from April 22, 2026 to April 21, 2029, and Mr. Amitabh Kant as Independent Director for five years from April 22, 2026 to April 21, 2031. The Statutory Auditors expressed an unmodified opinion on the audited results.

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