ITI Limited has informed the Exchange regarding a press release dated April 09, 2025, titled "ITI Limited initiates State Network Operations Center (S-NOC) for BharatNet Phase-III Project in Himachal Pradesh".
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ITI Limited has announced the launch of a State Network Operations Center (S-NOC) in Himachal Pradesh as part of the government's BharatNet Phase-III Project. BharatNet is the national initiative to provide broadband connectivity to rural areas across India, and Phase-III is the latest expansion phase of this programme. Setting up an S-NOC means ITI will be responsible for monitoring, managing, and maintaining the network operations in the state. This represents an operational milestone for ITI's role in the project.
This is a positive operational update showing ITI is actively executing its BharatNet contract, which could support future revenue from network management services. However, the announcement does not disclose any new order value or financial terms, so the direct impact on earnings or stock price is limited.