शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
THEINVESTNSEThe Investment Trust Of India Limited· FinanceHighNeutral
Announced Fri, 9 May, 2025 · 22:08 IST

The Investment Trust Of India Limited has informed the Exchange regarding 'Disclosure under regulation 30 of SEBI (Listing Obligation and Disclosure requirements) Regulation 2015'.Considered and approved the proposal for transfer of business of providing fund / asset management services and advisory functions in respect of, and acting as the investment manager of, the AIFs to ITI Asset Management Limited, the wholly owned subsidiary of the Company. This is in continuation to our earlier intimation dated February 13, 2025 and further details about the proposed transfer of business is enclosed in the letter

Core business divestedStrategic Transactions View source PDFExplain this filing

THEINVEST · 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
+0.4%Reaction day
₹148.75
prior close
₹153.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+4.6%-4.2% vs market
Other Financial Services peers, median of 75sector+3.1%-2.7% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 2.7 pts less than its Other Financial Services 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
5m
+2.2
10m
+1.9
15m
+0.6
30m
+0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.4+4.6-4.2+3.1-2.7
Next day
-0.3+6.3-6.7+4.0-4.3
2d
-0.5+8.1-8.6+3.9-4.5
3d
+0.6+9.1-8.5+5.7-5.1
4d
+0.8+10.0-9.1+6.8-5.9
5d
+1.4+11.3-9.9+5.4-4.0
1w
+0.8+11.0-10.1+6.0-5.2
15d
-0.5+13.3-13.8+4.6-5.1
1m
+4.4+15.3-10.9+5.8-1.4
2m
+0.8+17.0-16.1+6.8-5.9
3m
+4.5+11.4-6.9+8.2-3.7
UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 75Pending

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

AI summary

The board approved audited financial results for FY25 showing consolidated total income of ₹36,499 lakhs (up ~19% from ₹30,567 lakhs) and net profit of ₹4,592 lakhs (up ~130% from ₹1,997 lakhs), with EPS of ₹8.14. Q4 FY25 net profit came in at ₹685 lakhs versus ₹457 lakhs in the year-ago quarter. Independent Director Mr. Alok Kumar Misra resigned citing personal commitments, and two new independent directors — Mr. Sidharth Rath and Mr. Banavar Anantharamaiah Prabhakar — were appointed, subject to shareholder approval via postal ballot. The board also approved transferring the fund/asset management services and AIF investment management business to ITI Asset Management Limited, its wholly owned subsidiary, as a follow-up to the February 13, 2025 intimation.

Likely market impact

Shareholders get a strong earnings beat alongside a meaningful internal restructuring: the asset management business (which swung to a segment profit of ₹6,060 lakhs in FY25) is being moved into a dedicated wholly owned subsidiary, which could allow sharper focus and valuation clarity for each business but does not change the consolidated group picture. Director exits and fresh appointments signal board-level changes that investors should watch for governance continuity.