The Investment Trust Of India Limited has informed the Exchange about change in Management
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The Investment Trust of India reported Q1 FY26 results with standalone profit after tax of ₹12.72 lakhs versus a loss of ₹42.68 lakhs in Q1 FY25, while consolidated net profit stood at ₹1,020.80 lakhs (down from ₹1,291.37 lakhs year-on-year). The Board approved the revision of the FFSIL ESOP 2017 scheme, subject to shareholder approval, to update definitions, lock-in periods and extend benefits to subsidiary employees. It also approved diluting its controlling 50.33% stake in subsidiary ITI Gold Loans Limited by not participating in a fresh capital infusion, making IGLL an associate instead of a subsidiary. Two senior management personnel were appointed — Darshna Mehta (Group Head-HR) and Mannish Patil (Group Head-IT) — and Independent Director Mrs. Papia Sengupta was re-appointed for a second 5-year term starting December 18, 2025.
Shareholders should note the company is losing control of gold loan subsidiary IGLL, though it retains associate status. The Q1 consolidated profit decline and small standalone profit suggest mixed performance, while the management additions and director continuity indicate board stability ahead of the August 25 AGM.