ITIBSEITI LtdHighNegative
Announced Sat, 2 May · 17:04 IST

We hereby inform that Shri Prasad Barre, General Manager - Corporate Finance & Chief Financial Officer, has tendered his resignation on personal grounds.

Cfo ResignedKmp ResignedManagement Changes View source PDF

ITI · price

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

Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹300.95
prior close
₹301.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.0+0.4-0.1+0.2+0.5+1.0-0.1-2.1-3.8-3.6+0.1-1.3
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AI summary

ITI Ltd has announced the resignation of Shri Prasad Barre, who served as General Manager - Corporate Finance and Chief Financial Officer. He tendered his resignation on personal grounds and was relieved from the company's services with effect from the close of business hours on April 30, 2026. As a result, he will cease to be a Key Managerial Personnel (KMP) of the company. The filing was made under Regulation 30 of SEBI (LODR) Regulations, 2015, which requires disclosure of changes in KMP. No appointment or reason for departure beyond personal grounds was provided in the disclosure.

Likely market impact

The resignation of the CFO creates a leadership vacuum in the finance function of this government PSU. Until a replacement is appointed, investors should monitor for any impact on financial reporting timelines or governance stability.