AGM Notice attached
Awaiting price reaction for this filing.
LTIMindtree has submitted the Notice for its 29th Annual General Meeting along with the Integrated Annual Report for FY25, sent electronically to shareholders registered with the company or depositories. For FY25, the company reported revenue of INR 380,081 Million, up 7% year-on-year, while profit after tax grew modestly by 0.4% to INR 46,020 Million. Order inflows reached a record USD 5.99 Billion, and the company crossed INR 10,000 Crore in cash and investment balances. The Board has appointed Venu Lambu as CEO (Designate), marking a leadership transition from current CEO Debashis Chatterjee. The report highlights the company's AI-first strategy, strong governance ratings (CRISIL AAA/Stable), and ongoing ESG initiatives.
This is a routine regulatory filing for the AGM and annual report, but it carries positive signals including record order inflows, revenue growth, and a smooth leadership transition plan. Shareholders can expect the AGM to address FY25 performance, approve financial statements, and likely discuss the leadership change. Margins have softened slightly, which may warrant attention despite the growth in top-line and order book.