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Shri Sunil Kumar Verma has been appointed as a Government Director on ITI Limited's Board, succeeding Shri Alok Shukla. This appointment is effective for three years starting with immediate effect, pending the acquisition of his Director Identification Number (DIN). The impact of this change in governance could enhance strategic alignment with government policies, potentially benefiting the company as it navigates operational challenges. Investors may view this move positively, anticipating a strengthened oversight and improved governmental relations, which could translate into future opportunities for growth and stability.