L&T Technology Services Share price

The Company was incorporated as L&T Technology and Engineering Services Company Limited on June 14 2012 at Mumbai as a public limited company under the Companies Act 1956. the Company received the certificate of commencement of business on June 20 2012. Subsequently the name of the Company was changed to L&T Technology Services Limited pursuant to a special resolution passed by Shareholders at the EGM held on July 19 2012. As the engineering services business of the Company is sub-set of technology services the name of the Company was changed to L&T Technology Services Limited to more appropriately describe the business in line with the Company’s main objects. Pursuant to the change of name a fresh certificate of incorporation was issued to the Company by the RoC on July 25 2012. As of the date of this Red Herring Prospectus the Company has seven shareholders including six individuals who hold Equity Shares jointly with the Promoter as nominees.Major events and milestones of the Company :2013-Incorporation of the Company.2014-The Company acquired the PES Business (except the unit in Germany) from LTIL.2015-The Company acquired the unit of PES Business in Germany from L&T Infotech GmbH.-The Company acquired the IES Business from L&T.-The Company acquired 74.0% stake in TSIPL.-The Company acquired the engineering services division of Dell India.-The Company acquired the engineering services division of Dell USA through the wholly owned subsidiary LTTS LLC.