Announced Wed, 1 Jul · 14:54 IST
CMD Rajesh Rai given additional charge of Director Production for 3 months
Management Changes View source PDF
ITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹298.60
prior close
₹302.05
base price
In-mkt
timing
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AI summary
Government of India has entrusted the additional charge of Director (Production) at ITI Ltd to Shri Rajesh Rai, who is the current Chairman and Managing Director and also holds Director HR. The arrangement runs for three months from 1 July 2026 to 30 September 2026, or until a regular incumbent is appointed, whichever is earlier. He will not receive any extra remuneration for the additional role. His DIN is 10052045 and he is not debarred from holding directorship by SEBI or any authority.
Likely market impact
Temporary internal leadership arrangement with no extra cost. No material impact on shareholders expected.