BENGALURU: LTIMindtree won its largest deal ever, worth $450 million, from US food processing and nutrition company Archer Daniels Midland (ADM). The deal spans a seven-year duration. Headquartered in Chicago, ADM connects crops to markets on six continents and recorded $102 billion in net sales in 2022.
As part of this deal, LTIMindtree will implement an AI-powered operating model to deliver application management , infrastructure support, and cybersecurity services . This comprehensive suite of future-ready IT services aims to enhance the client’s operational efficiency, scalability, and global growth. "Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity," said its CEO designate Venu Lambu.
A few months ago, LTIMindtree bagged an over $200 million deal, which is a combination of renewal and new scope. In yet another development, LTIMindtree’s nomination and remuneration committee approved London-based Lambu’s compensation, which includes a fixed pay of GBP 850,000 and a variable pay of up to GBP 350,000 subject to performance, the postal ballot notice showed. It also includes a profit-linked incentive of 0.15% of the standalone profit after tax, 40,000 stock options granted at an exercise price of Rs 1 each, with equal vesting over a period of four years under the LTIMindtree Employees Stock Option Scheme, 2015. The company said the total remuneration may be revised as per the company’s policy, subject to an annual increment of up to 3% as decided by the board upon the recommendation of the NRC.
Based on rough calculations derived from LTIMindtree's profits and the previous year's average share price, Lambu's compensation package could range between GBP 2.6 million to GBP 2.8 million annually, equivalent to $3.4 million to $3.7 million, although the company has not disclosed the exact figures. Its current CEO, Debashis Chatterjee’s remuneration rose 68% to Rs 32.5 crore in the 2025-25 financial year. Its former president, Sudhir Chaturvedi’s salary rose 88% to Rs 17.3 crore who resigned from the firm in January. The amount excludes dues to be recovered.
The median remuneration of employees of the company during the last fiscal was Rs 17.4 lakh, a 24.4% increase in the median remuneration of employees. Last year, the average increase on an annual basis in the salary of employees, other than managerial personnel, was 4.1% globally, comprising around 5.5% in India and 2.2% in other geographies.
As part of this deal, LTIMindtree will implement an AI-powered operating model to deliver application management , infrastructure support, and cybersecurity services . This comprehensive suite of future-ready IT services aims to enhance the client’s operational efficiency, scalability, and global growth. "Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity," said its CEO designate Venu Lambu.
A few months ago, LTIMindtree bagged an over $200 million deal, which is a combination of renewal and new scope. In yet another development, LTIMindtree’s nomination and remuneration committee approved London-based Lambu’s compensation, which includes a fixed pay of GBP 850,000 and a variable pay of up to GBP 350,000 subject to performance, the postal ballot notice showed. It also includes a profit-linked incentive of 0.15% of the standalone profit after tax, 40,000 stock options granted at an exercise price of Rs 1 each, with equal vesting over a period of four years under the LTIMindtree Employees Stock Option Scheme, 2015. The company said the total remuneration may be revised as per the company’s policy, subject to an annual increment of up to 3% as decided by the board upon the recommendation of the NRC.
Based on rough calculations derived from LTIMindtree's profits and the previous year's average share price, Lambu's compensation package could range between GBP 2.6 million to GBP 2.8 million annually, equivalent to $3.4 million to $3.7 million, although the company has not disclosed the exact figures. Its current CEO, Debashis Chatterjee’s remuneration rose 68% to Rs 32.5 crore in the 2025-25 financial year. Its former president, Sudhir Chaturvedi’s salary rose 88% to Rs 17.3 crore who resigned from the firm in January. The amount excludes dues to be recovered.
The median remuneration of employees of the company during the last fiscal was Rs 17.4 lakh, a 24.4% increase in the median remuneration of employees. Last year, the average increase on an annual basis in the salary of employees, other than managerial personnel, was 4.1% globally, comprising around 5.5% in India and 2.2% in other geographies.
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