ITI Limited has informed the Exchange regarding Resignation of Mr Shri Prasad Barre as Chief Financial Officer of the company w.e.f. April 30, 2026.
ITI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ITI Limited has announced the resignation of Shri Prasad Barre from the position of General Manager - Corporate Finance & Chief Financial Officer. The resignation was tendered on personal grounds and takes effect from the close of business hours on April 30, 2026. With this, Mr. Barre ceases to be a Key Managerial Personnel (KMP) of the company. The company filed this disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The effective date of departure was April 30, 2026, with the filing dated May 2, 2026.
The departure of the CFO creates a key leadership vacancy at ITI Limited. Until a replacement is appointed, the company may face uncertainty in financial management oversight, which could temporarily impact investor sentiment. Shareholders should monitor for the appointment of a new CFO.