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LTM Ltd · 540005
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LTM Ltd announced that its clients PHINIA and Carrier have been recognized at the ISG Paragon Awards North America 2026 for Transformation Delivered with LTM. LTM received recognition in the Excellence category for its work with PHINIA and in the Transformation category for its work with Carrier.
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LTM Ltd - 540005 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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LTM/SE/STAT/2026-27/85 September 30, 2026
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
NSE Symbol: LTM BSE Scrip Code: 540005
Dear Sir(s)/Madam,
Subject: Press Release
We are attaching herewith copy of the Press Release titled “Carrier and PHINIA Recognized with ISG
Paragon Awards North America 2026 for Transformation Delivered with LTM” which is self-
explanatory.
The same is submitted for public dissemination and for your records.
Thanking You,
Yours faithfully,
For LTM Limited
Angna Arora
Company Secretary & Compliance Officer
Encl. As above.
LTM Limited
(Formerly LTIMindtree Limited)
L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072, Maharashtra, India.
T: +91 92402 97500
Registered Office: L&T House, Ballard Estate, Mumbai - 400 001, India.
W: ltm.com • E: info@ltm.com • CIN: L72900MH1996PLC104693
Carrier and PHINIA Recognized with ISG Paragon Awards North America 2026 for Transformation
Delivered with LTM
Mumbai, India – September 30, 2026: LTM, the Business Creativity partner to the world’s largest enterprises, today announced
that its clients PHINIA and Carrier have been recognized at the ISG Paragon Awards North America 2026. LTM received
recognition in the Excellence category for its work with PHINIA and in the Transformation category for its work with Carrier.
The ISG Paragon Awards recognize enterprise-provider partnerships that leverage technology, innovation, and new operating
models to deliver measurable business impact. The recognitions highlight LTM's ability to help global enterprises accelerate
transformation through industry expertise, technology innovation, and execution excellence.
Carrier:
Following significant M&A activities, Carrier, a global leader in intelligent climate and energy solutions, sought to address a
fragmented technology landscape, siloed operating functions, and limited visibility into application ownership and costs across
its 2,000+ application estate.
LTM partnered closely with Carrier to lead the establishment of an enterprise-wide Application Total Cost of Ownership (TCO)
and Application Portfolio Rationalization (APR) capability powered by SAP LeanIX. By integrating data from ServiceNow, Apptio
Cloudability, procurement, and operational systems, the joint team developed a standardized cost model, executive decision-
support dashboards, and a scalable rationalization framework. This initiative enhanced financial transparency, strengthened
portfolio governance, and improved strategic decision-making across the enterprise.
PHINIA:
LTM helped PHINIA, a leading global automotive and industrial manufacturer, to transform its IT operations through
observability, automation, AI-driven support, and infrastructure modernization.
By implementing LogicMonitor observability, a cross-trained Command Center, CMDB optimization, FinOps practices, and
application modernization initiatives, the organization reduced incident resolution times, improved service stability,
accelerated infrastructure provisioning, lowered operating costs. A great example of how LTM enabled greater visibility and
control across PHINIA’s technology landscape to drive operational excellence at scale.
"These recognitions reflect the power of strong client partnerships and a shared commitment to transformation. We are proud
to work alongside PHINIA and Carrier to deliver measurable business outcomes through technology-led innovation and
operational excellence," said Gururaj Deshpande, Chief Delivery Officer, LTM.
About LTM
LTM — a Larsen & Toubro Group Company — is an AI-centric global technology services company and the Business Creativity partner to
the world’s largest enterprises. We bring human insights and intelligent systems together to help clients create greater value at the
intersection of technology and domain expertise. Our capabilities span integrated operations, transformation, and business AI — enabling
new ways of working, new productivity paradigms, and new roads to value. Together with over 87,000 employees across 40 countries and
our global network of partners, LTM owns outcomes for clients, helping them not just outperform the market, but Outcreate it. Read more
at LTM.com.
Media Contact: Shambhavi Revandkar | Global Media Relations | shambhavi.revandkar@ltm.com