ITI Limited has informed the Exchange regarding Change in Director(s) of the company.
ITI · price
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ITI Limited has informed the stock exchanges about a change in its Board of Directors. The Government of India, through the Ministry of Communications, has appointed Shri Arun Agarwal, currently Deputy Director General (Satellite) at the Department of Telecommunications, as the Government Nominee Director on the Board for a period of three years effective 22 July 2025. He replaces Shri Sunil Kumar Verma, the former Joint Secretary (A) at DoT. The appointment will remain in effect until Shri Agarwal's superannuation or further government orders, whichever is earliest. The company has confirmed that Shri Agarwal is not debarred from holding a directorship by SEBI or any other authority.
This is a routine government-nominee director change in a public sector undertaking, with no material impact on operations or financials for retail shareholders.