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Incorporated in 1991, The Investment Trust of India Ltd provides advisory services and trading activities. Company also holds investmentin subsidiaries
Company redeemed remaining 10,050 Optionally Convertible Preference Shares (OCPS), face value Rs 325 each (total Rs 32.66 lakh). Funds for unclaimed redemption were transferred to a separate bank account.
The Board approved the financial results for the quarter and half-year, with consolidated net profit of ₹5.61 Cr and ₹15.82 Cr respectively. Key decisions include extending ESOPs (30 lakh shares) to subsidiary employees and redeeming ₹3.27 Cr worth of unlisted preference shares.