Announced Fri, 8 May · 15:28 IST

L&T Technology Services Limited has informed the Exchange regarding Appointment of Ms. Sumithra Gomatam (DIN: 07262602) as Non- Executive Independent Director of the company w.e.f. May 09, 2026.

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹3795.00
prior close
₹3805.00
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AI summary

L&T Technology Services has announced the appointment of Ms. Sumithra Gomatam as an Additional Director designated as an Independent Director for a term of five years, effective May 9, 2026. The appointment is subject to shareholder approval. Ms. Gomatam brings over 30 years of industry experience, having spent 24 years at Cognizant where she held senior leadership roles including global leadership for Quality Engineering and Assurance business that grew to over $1.5 billion in revenue. She is currently Executive Chairperson at Omega HMS and Apexon, and serves as an Independent Director at Wheels India Ltd. She is not related to any existing director of the company.

Likely market impact

This appointment strengthens the board with experienced independent oversight. The appointment of a senior IT services veteran with global leadership experience may be viewed positively by investors, particularly given her background in scaling large technology businesses.