L&T Technology Services Divests Smart World and Communication Business
Mumbai, March 25, 2026: L&T Technology Services Limited (BSE: 540115, NSE: LTTS) announced today it is divesting its Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited. The move is part of a portfolio rebalancing strategy focused on accelerating investment in digital engineering and core artificial intelligence (AI) capabilities.AMI Paradigm, a joint venture between ParadigmIT Technology Services Private Limited and AM Intelligence Labs Private Limited, will acquire the SWC businesses. AMI Paradigm focuses on advancing AI for public systems and critical infrastructure services. The acquisition is expected to complement AMI...