L&T Technology Services Limited has informed the Exchange regarding Change in Auditors of the company.
LTTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
L&T Technology Services Limited held its Board Meeting on April 22, 2026, approving the audited financial results for Q4 and FY 2026. The company reported consolidated revenue of Rs. 109,959 million for FY 2026, up 14% from Rs. 96,422 million in FY 2025. Net profit from continuing operations was Rs. 12,300 million. The Board recommended a final dividend of Rs. 40 per equity share (face value Rs. 2). Key appointments include Mr. Amitabh Kant (former G20 Sherpa) as Independent Director, Mr. Rajeev Gupta as Executive Director & CFO, and Mr. Alind Saxena's re-appointment as Executive Director. The 14th AGM is scheduled for June 1, 2026, with record date May 22, 2026 for dividend eligibility. Note: The headline mentioned a change in auditors, but the document shows only a re-appointment of internal auditor (Aneja & Associates) and no change in statutory auditor (M S K A & Associates).
Positive for shareholders with strong 14% revenue growth and a Rs. 40 dividend per share. The appointment of high-profile Independent Director Amitabh Kant could boost investor confidence. The mismatch between the headline (Change in Auditors) and actual content (no statutory auditor change) may cause brief confusion.