ITI Limited has informed the Exchange about change in Management
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ITI Limited has informed the stock exchanges that the Government of India has given Shri Rajesh Rai, the current Chairman & Managing Director (CMD) of ITI Limited, the additional charge of the post of Director (HR). This additional charge is for a period of three months starting from 28 February 2026, or until further orders, whichever comes earlier. No additional remuneration will be paid for holding this additional charge. The appointment follows a Government Order from the Ministry of Communications dated 18 February 2026, and Shri Rai is not debarred from holding a directorship by SEBI or any other authority.
This is an internal management change where the existing CMD takes on an additional portfolio on a temporary basis. There is no change in leadership or strategic direction, and shareholders should view this as a routine administrative update with no material impact on the stock price.