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