ITI Limited has informed the Exchange about change in Management
ITI · price
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On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 1.3 pts less than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ITI Limited's Board, at its meeting on 13 February 2026, appointed Shri Prasad Barre as the new Chief Financial Officer and Key Managerial Personnel of the company. He replaces Shri Rajeev Srivastava, who stepped down from the CFO role. Shri Prasad Barre is an internal promotion, having served as General Manager – Corporate Finance at ITI prior to this elevation. He brings over three decades of experience across public sector undertakings and financial institutions including NHB, IFCI, HAL, and SJVNL, with expertise in corporate credit, accounting, internal audit, and investment management. He holds a Doctorate in Management Studies along with MBA (Finance) and multiple professional certifications including GST, IFRS, and SAP.
This is a routine leadership transition with the new CFO being elevated internally, which generally signals continuity and smooth succession. For shareholders, the change is unlikely to have any immediate material impact on operations or stock price, though the new CFO's strong public-sector finance background may support disciplined financial management.