Chief Delivery Officer Dr. Narayanan Ramanathan resigns from LTTS

Kmp ResignedManagement Changes View source PDF Explain this filing

LTTS · price

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹3428.00

prior close

₹3438.30

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.5%-1.4% vs market

IT Enabled Services peers, median of 73sector-0.2%-0.7% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Midcap 150 and 0.7 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.8

15m

-1.7

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.5-1.4-0.2-0.7

Next day

+0.6+0.3+0.3-0.8+1.4

-7.9+0.0-7.9-3.7-4.2

-4.6+0.7-5.3-5.0+0.4

-3.0+1.3-4.3-4.2+1.2

+2.5+0.2+2.4-5.1+7.7

-3.2-3.7+0.6-10.0+6.9

15d

-3.8-7.6+3.8-13.1+9.3

-5.9-7.3+1.3-14.5+8.6

+3.2+1.0+2.3-4.2+7.5

+4.4+3.0+1.5-5.5+9.9

UpDownMarket · Nifty Midcap 150Sector · IT Enabled Services peers, median of 73Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dr. Narayanan Ramanathan, Chief Delivery Officer (Senior Management Personnel) of L&T Technology Services, has resigned due to personal reasons. His resignation was accepted and is effective from close of business hours on February 19, 2026. No successor has been announced in this disclosure. LTTS is a subsidiary of Larsen and Toubro.

Likely market impact

Loss of a key delivery leader; may create short-term execution uncertainty, no immediate financial impact disclosed.