LTIMindtree Ltd

Award recognitions

• Carrier recognized in Transformation; PHINIA in Excellence, ISG Paragon Awards North America 2026.
• LTM established enterprise-wide Application TCO and APR framework powered by SAP LeanIX for Carrier.
• PHINIA IT transformation included LogicMonitor observability, CMDB optimization, and FinOps improvements.
• Recognitions reflect client partnerships and transformation focus; no forward-looking numeric guidance provided.

Overview

• LTM launches BlueVerse SovereignSphere Models to convert proprietary knowledge into enterprise AI capabilities.
• Enterprises retain ownership of their models and IP.

Key offerings

• Sales and Marketing Pro delivers CRM design, code generation, troubleshooting, and root-cause analysis.
• Contract Pro supports contract interpretation, obligation tracking, and compliance validation.
• FinCast provides context-aware financial analysis and intelligent Q&A for enterprise finance.

Outlook

• BlueVerse SovereignSphere aims to reduce AI costs, improve accuracy, and enable enterprise-specific model training.

Announcement highlights

• LTM announces collaboration with filmmaker Shekhar Kapur as Strategic Advisor to BlueVerse Craft.
• BlueVerse Craft builds AI-powered creative capabilities for enterprises at scale.
• Kapur, BAFTA winner and Padma awards recipient, brings decades of global cinema and storytelling experience.
• As Strategic Advisor, Kapur will work with BlueVerse Craft leadership to shape AI-enabled creativity strategy.
• AI is reshaping content economics and enabling scalable, personalized content for enterprises.

Award recognition

• LTM received the Avasant Digital Masters Award 2026 in the Innovator category at Partner Connect 2026.

Collaboration details

• LTM collaborates with IBM and Red Hat on Lightwell to enable AI-driven open-source remediation.
• Plans to offer remediation strategy, dependency analysis, risk-based prioritization, program management, DevSecOps integration, testing, deployment.
• LTM will leverage Lightwell to address open-source dependency vulnerabilities.
• LTM builds on IBM Platinum Partner status to support remediation outcomes.

Kolkata center inauguration

• LTM inaugurated its Global Delivery & AI Competency Center in Kolkata to expand delivery and AI capabilities.
• Centre reinforces L&T Group's commitment to West Bengal; inaugurated by Chief Minister Suvendu Adhikari.
• Facility will support global delivery, AI ambitions, and local talent development across West Bengal and nearby states.
• LTM aims to strengthen nationwide delivery network and regional expansion via continued investments.
• Center will serve as collaboration hub for clients globally, driving innovation.

Meeting Details

• 2 September 2026 — Goldman Sachs Asia Leaders Conference 2026; venue Hon Kon; group and one-on-one meetings; in-person
• 3 September 2026 — NDR; venue gg; meetings throughout the day; in-person
• Key participants: company management to participate.

Target entities

• Targets: Randstad Digital B.V. (Netherlands), Randstad Digital France SAS (France), FINXL Professional Services Pty Ltd (Australia).

Acquirer & structure

• Acquirer is LTM UK & Ireland Limited; acquiring 100% stake in each target.

Transaction details

• Sale and Purchase Agreement executed with Randstad N.V. and affiliates.

Regulatory & timeline

• Completion is subject to applicable regulatory approvals and conditions precedent.

Consideration & price

• Nature and amount of consideration not disclosed.

Shareholding & cap table

• All shares of each target are being acquired (100% stake).

Background & rationale

• Targets operate as Randstad Digital entities; rationale not disclosed.

Subject & Assurance

• Subject: Sustainability Report FY2025-26 submission and BDO assurance scope.
• Assurance: ISAE-based, reasonable for select indicators and limited for remaining non-financial data.

ESG Performance Highlights

• Renewable energy use reached 72.23% of total energy consumption, with 73.93% renewable electricity.
• Water positivity at 2.8x; waste recycling at 94.39%; CSR beneficiaries ~1.20 million.

Governance

• Board consists of 67% independent directors; 1 woman on the board.

Climate & Energy Strategy

• Net Zero 2040 target; 85%+ renewable energy by 2030; 100% waste recycling by 2030.
• GHG FY26: Scope1 1,762; Scope2 33,100; Scope3 117,593 tCO2e.

Social & CSR Momentum

• CSR spend INR 960m; beneficiaries 1,199,584; threshold INR 957m.
• Cumulative CSR beneficiaries exceed 3.53 million.

Supply Chain & ESG Due Diligence

• Active suppliers: 8,112; 84% completed ESG assessments; diverse-spend 6.5%.