ITI Limited has informed the Exchange regarding Cessation of Mr Rajeev Srivastava as Executive Director(Finance) of the company w.e.f. October 15, 2025.
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ITI Limited has informed the stock exchanges that Mr Rajeev Srivastava has ceased to be Executive Director (Finance) of the company with effect from October 15, 2025. The announcement does not specify the reason for his departure, such as resignation, retirement, or completion of term. No immediate replacement has been mentioned in this filing. Investors should watch for a follow-up announcement regarding the appointment of a new Executive Director (Finance).
This is a senior-level exit in the finance function, which could create short-term uncertainty around financial oversight and reporting. The market may react mildly until a replacement is named.