LTM Anupam Kumar appointed

What happened

LTM (BSE: LTM) informed the stock exchanges on 16 October 2026 at 05:32 PM that Anupam Kumar has been appointed.

Company snapshot

LTM is a large-cap company in the Information Technology sector, with a market value of about ₹1.26 lakh crore.

The stock last traded at ₹4,235, against a 52-week range of ₹3,528–₹6,429.5 (34.1% below the high).

Before this filing the shares had moved +0.1% over the month and +3.7% over three months. Average daily turnover over the last 20 sessions was about ₹170 crore.

Promoters held 68.49% at the end of Q1 FY27, down 0.03% points from the previous quarter. Foreign institutions owned 6.31% and domestic institutions 16.83%.

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Across 59 similar disclosures by other Information Technology companies, shares moved −0.3% on average the next day and −0.2% over five days; 47% of them rose the next day.

Market-wide, 3,962 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• The appointment of a successor and any change in strategy or guidance.
• 16 October 2026: Board meeting — Financial Results/Dividend.

In the news

Recent coverage elsewhere (links open the original publisher):

• LTM Q2FY27 Results: Revenue up 13.6% YoY to ₹1,18,076 million — scanx.trade, 16 Oct 2026
• Q2 results, October 16: DLF, PNB, LTM, Bajaj Housing Finance, Federal Bank, Urban Company, others to post earnings — Upstox, 16 Oct 2026
• LTM (BSE:540005) Stock Forecast & Analyst Predictions — Simply Wall Street, 9 Oct 2026
• LTM Q2 profit falls 5% sequentially despite 47% jump in AI revenue; dividend declared - CNBC TV18 — LinkedIn, 16 Oct 2026
• Fear among techies unfounded, best time to be in IT: LTM CEO Venu Lambu — Deccan Herald, 6 Oct 2026

Source

• Exchange filing (PDF)