The Investment Trust Of India Limited has informed the Exchange regarding Appointment of Mr. Mannish Patil as Senior Management Personnel of the company w.e.f. July 25, 2025.
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The board approved unaudited Q1 FY26 results — standalone PAT of ₹12.72 lakhs (vs loss of ₹42.68 lakhs in Q1 FY25) and consolidated PAT attributable to shareholders of ₹915.36 lakhs (down from ₹1,238.99 lakhs YoY). Consolidated total income rose modestly to ₹7,726.44 lakhs. Two senior management personnel were appointed: Ms. Darshna Mehta (Group Head-HR) and Mr. Mannish Patil (Group Head-IT), effective July 25, 2025. Mrs. Papia Sengupta was re-appointed as Independent Director for a second 5-year term starting December 18, 2025. The board also approved revision of the FFSIL ESOP 2017 scheme and dilution of its 50.33% stake in material subsidiary ITI Gold Loans Limited, which will reduce IGLL from a subsidiary to an associate. The 34th AGM is scheduled for August 25, 2025 via video conferencing.
Mixed signals for shareholders — standalone returned to profit but consolidated earnings declined year-on-year on lower broking income. The dilution of control in ITI Gold Loans and pending demerger scheme signal portfolio restructuring. New SMP appointments and ESOP revision are routine governance items.