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 that the Government of India, through the Ministry of Communications, has appointed Shri Gopinath Sahu as a Non-Official Independent Director on the company's board. His appointment is for a period of 3 years from the date of notification (14th July 2025), or until further orders, whichever is earlier. The appointment is part of the standard process for government-owned companies, and the company confirmed he is not debarred from holding such office. His brief profile indicates a background in socio-political activism and party organization in Odisha, with qualifications in Odia Literature and Law.
This is a routine regulatory disclosure regarding a government-directed board appointment at a PSU. It is unlikely to have a material impact on the stock price or shareholder value, as it simply fills an independent director position on the board.