LTI

It was being incorporated as L&T Information Technology Limited as of December 23, 1996, at Mumbai as a public limited company under the Companies Act, 1956. It also received the certificate of commencement of business on March 25, 1997. Subsequently, the company name was changed to Larsen & Toubro Infotech Limited according to a special resolution passed by the Shareholders at the EGM held as of June 11, 2001. The company name was changed to convey the vision for the global brand and to draw strength from The Promoter. According to the name change, a fresh certificate of incorporation was being issued to the company by the RoC as of June 25, 2001. Also, as of the date of this Red Herring Prospectus, it had 1,205 Shareholders (including 11 additional folios being held by certain shareholders of the company).

1997: The incorporation of the company took place.

2002: It was also assessed at the Optimizing Level 5 of the Capability Maturity Model for Software, Version 1.1 by the Software Engineering Institute, Carnegie Mellon University, and the USA for the Mumbai, Navi Mumbai, Pune, Chennai, Bengaluru and Mysuru development centers.

2007: It acquired GDA USA, an electronics design services company.

2008: It established business in South Africa.

2010: It was also appraised at the Maturity Level 5 (Optimizing) of CMMI for Development v1.2 for the units at Mumbai, Navi Mumbai, Pune, Bengaluru, Mysuru and Chennai.