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.

Cfo ResignedManagement Changes View source PDF Explain this filing

ITI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.2%Reaction day

₹300.95

prior close

₹301.40

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-0.8% vs market

Telecom - Equipment & Accessories peers, median of 5sector+1.3%-1.1% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 1.1 pts less than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.0

15m

+0.4

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+1.0-0.8+1.3-1.1

Next day

+0.2+1.2-1.0+1.7-1.5

+0.5+3.0-2.5+1.7-1.3

+1.0+4.1-3.0+4.6-3.6

-0.1+4.2-4.4+7.9-8.1

-2.1+3.1-5.3+2.4-4.6

-3.8+0.3-4.1-0.0-3.8

15d

-3.6+1.5-5.1+2.4-6.0

+0.1+1.9-1.8-0.6+0.7

-1.3+8.1-9.4+4.9-6.2

-6.0+8.7-14.8+7.5-13.5

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Equipment & Accessories peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.