L&T Technology Services Limited has informed the Exchange regarding Appointment of Mr Rajeev Gupta (DIN: 06782710) as Executive Director and Chief Financial Officer of the company w.e.f. April 22, 2026 up to and including April 21, 2029
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L&T Technology Services Limited held its Board Meeting on April 22, 2026, approving audited consolidated financial results for FY26. The company reported revenue from operations of Rs. 109,959 million, up 14% YoY from Rs. 96,422 million. Net profit stood at Rs. 12,811 million compared to Rs. 12,635 million in the previous year. The Board recommended a final dividend of Rs. 40 per equity share (face value Rs. 2), payable within 30 days after shareholder approval at the AGM scheduled for June 1, 2026. Three key leadership appointments were approved: Mr. Alind Saxena was reappointed as Executive Director for 3 years, Mr. Rajeev Gupta (existing CFO) was appointed as Executive Director & CFO for 3 years, and Mr. Amitabh Kant (former G20 Sherpa) was appointed as Independent Director for 5 years. All appointments are subject to shareholder approval.
Strong financial performance with revenue growth and dividend declaration are positive signals for shareholders. The formal appointment of the CFO as Executive Director and adding a high-profile Independent Director like Amitabh Kant should strengthen governance and investor confidence.