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companylogoLTIMindtree Ltd

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BSE Code : 540005 | NSE Symbol : LTIM | ISIN : INE214T01019 | Industry : Computers - Software - Large |


Chairman's Speech

DEAR SHAREHOLDERS,

I am honored to address you for the first time as the Chairman of the LTIMindtree Board and introduce the Integrated Annual Report for the fiscal year 2024-25.

The global business landscape is evolving rapidly, propelled by the rise of AI and other cutting-edge technologies. These innovations are fundamentally transforming industries, and over the years, LTIMindtree has strengthened its position in not just adapting to these changes but actively shaping them.

Our strategic pivot to an AI-first approach has been instrumental in reimagining our operations and client relationships. By embedding AI in every aspect of our services, we have harnessed its power to enhance decision-making, optimize processes, and elevate customer experiences. This transformation, rooted in our three-pronged strategy — AI in Everything, Everything for AI, and AI for Everyone — underscores our dedication to deploying AI at scale and making it accessible to all. As we look forward, we are confident that this focus on AI will continue to fuel our expansion, ensuring that we remain at the forefront of the global technology landscape. At the heart of our success is our people. We are committed to nurturing talent, fostering an environment of continuous learning, and empowering our teams to drive change. Through skill development initiatives, leadership programs, and a culture that embraces agility and innovation, we are preparing LTIMindtree for the future. The talent we cultivate today will be the driving force behind our growth tomorrow. Our commitment to sustainability and governance is unwavering. We continue to integrate ethical practices and environmental responsibility into every facet of our operations, winning recognition for our efforts in corporate governance and sustainability. These values are foundational to our long-term success, ensuring we create positive social and environmental impact while delivering exceptional financial results.

I would like to take this opportunity to acknowledge the tremendous leadership of current CEO and Managing Director, Mr. Debashis Chatterjee (DC), under whose vision and guidance, LTIMindtree has broken the shackles of being a mid-tier Indian IT company and transformed into a Global IT service provider, particularly through the successful execution of a complex merger of erstwhile LTI and Mindtree.

In line with our ongoing commitment to growth and stakeholder value creation, I am pleased to share that the Board has decided to appoint Mr. Venu Lambu as the CEO (Designate) and Whole-time Director of the Company. This move reflects our dedication to fostering a seamless transition in leadership, preserving the Company's legacy, and positioning us for future opportunities.

We are confident that Mr. Venu Lambu's leadership will take LTIMindtree into its next chapter of growth.

We continue to push the boundaries of what's possible by leveraging advanced technologies such as Generative AI and Blockchain, all backed by a strong ecosystem of proprietary platforms and accelerators. This combination enables us to deliver cutting-edge solutions that not only drive growth but also enhance customer experiences, solidifying LTIMindtree's position as a global technology leader.

The infinite possibilities we envision are supported by our pragmatic ‘can do' approach and unwavering belief in technology as a force for good — a belief that guides us to shape an infinite future for all.

Thank you for your continued partnership and belief in LTIMindtree's vision. Your support and trust are invaluable to us, and I deeply appreciate your role in our journey. Regards,

S.N. SUBRAHMANYAN
Chairman

   

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