Management Change14 Jul 2026, 07:00 pm
L&T Technology Services: Director Exits, Another Reappointed
AI Summary
L&T Technology Services Ltd announced changes in its board composition. Mr. Narayanan Kumar completed his second five-year term as an Independent Director and ceased to hold the position effective July 14, 2026. The company expressed appreciation for his contributions. Concurrently, Mr. Luis Miranda has been re-appointed as an Independent Director for a second term of five years, commencing October 19, 2026, subject to shareholder approval. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and took note of Nabha Power Limited's request for re-classification.
Key Highlights
- Narayanan Kumar ceases as Independent Director after completing term.
- Luis Miranda reappointed as Independent Director for five years.
- Board approved unaudited financial results for Q1 FY27.
- Nabha Power Limited seeks re-classification from Promoter Group.
- Shareholder approval needed for Luis Miranda's reappointment.
Price Impact
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