L&T Technology Services Limited informed that Ms. Prajakta Powle, Company Secretary and Compliance Officer of the Company has tendered her resignation and shall cease to be the Company Secretary and Compliance Officer of the Company with effect from close of business hours of April 30, 2024. Upon the recommendation of the Nomination and Remuneration Committee, the Board of Directors in its meeting held on March 7, 2024, has approved the appointment of Mr. Prasad Shanbhag as Company Secretary and Compliance Officer of the Company (Membership No. A 30254) with effect from May 1, 2024.

Mr. Prasad Shanbhag is a qualified Chartered Accountant, Company Secretary and Cost Accountant and has been with Larsen & Toubro Limited (L&T) for more than 28 years. He is currently the Joint Company Secretary at L&T and has around 17 years' experience in the corporate secretarial function handling compliance with corporate laws. He has expertise in handling issues related to Companies Act, SEBI and RBI /FEMA regulations.

He has also been involved in advising on governance aspects to business teams, administering the Insider Trading Regulations & Policy and conducting internal workshops on the various governance policies of L&T. Prior to joining the Secretarial department at L&T in 2007, Mr. Prasad has been associated with the Accounts function of a business unit as well as the Corporate Finance department of L&T where he handled Budgets, Financial Accounting, Management Information Systems and Treasury operations.