LTIMindtree Plants 100,000 Saplings to Mark the Company's Inception

LTIMindtree, a global technology consulting and digital solutions company, today announced that it has planted 100,000 saplings - one for each member of the LTIMindtree family - to celebrate its inception.

LTIMindtree was formed on November 14, 2022, through the merger of erstwhile Larsen and Toubro Infotech (LTI) and Mindtree, leading technology consulting and digital solutions companies under the Larsen & Toubro (L&T) Group.

LTIMindtree has implemented this unique green initiative across Assam, Uttarakhand, Rajasthan, Maharashtra, Haryana, and West Bengal in partnership with SankalpTaru Foundation, an NGO focused on reforestation and environmental conservation.

All full-time as well as contract employees of LTIMindtree are being presented personalized certificates of plantation, along with photographs and location details of the saplings planted in their names. Through a webbased, blockchain-powered backend system, the employees will also be able to monitor the growth of their saplings.

Debashis Chatterjee, CEO and Managing Director of LTIMindtree, said, "As a purpose-driven organization, we believe a green gesture is the most appropriate and responsible way to celebrate the historic inception of LTIMindtree. This initiative articulates our commitment to driving positive change and presents a great opportunity for our talented professionals to associate with the cause of a greener environment. In addition to our appreciation for the hard work and dedication of our employees, the initiative also epitomizes our dual focus on growth and sustainability as the most effective means of building long-term value for all stakeholders. The healthy green cover resulting from this initiative will lead to improved carbon balance, air quality, and biodiversity, while providing crucial impetus to rural lives and livelihoods. We are grateful to our implementation partner SankalpTaru Foundation for their support in making this initiative a reality."

Shares of LTIMindtree Limited was last trading in BSE at Rs. 4331.15 as compared to the previous close of Rs. 4403.25. The total number of shares traded during the day was 71948 in over 11603 trades.

The stock hit an intraday high of Rs. 4390.95 and intraday low of 4282.10. The net turnover during the day was Rs. 311331491.00.

Source : Equity Bulls

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