ITINSEITI Limited· Telecommunication - EquipmentMediumNeutral
Announced Fri, 29 May · 10:47 IST

ITI Limited has informed the Exchange about change in Management

Management Changes View source PDF

ITI · price

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▲ 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
-2.3%1-day move
₹301.55
prior close
₹305.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.1-0.0-2.3-1.2-1.5-0.1-0.0-0.2+4.1-1.9
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AI summary

ITI Limited's Board of Directors appointed Shri C V Ramana Babu as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective 28th May 2026. Ramana Babu, who already held the role of Director Marketing with additional charge of Director Finance since October 2025, formalizes his CFO position. He brings over 30 years of telecom experience, previously serving as Chief General Manager at Bharat Broadband Networks Limited and holding senior positions at BSNL and Department of Telecom. This appointment is on existing terms and conditions applicable to his role as a Director.

Likely market impact

For shareholders, this represents a formalization of an existing leadership arrangement rather than a new external appointment. Ramana Babu's extensive telecom and finance experience should provide continuity in financial management.