The Investment Trust Of India Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting
09-05-2025 | 08:07 pm
09-05-2025 | 08:07 pm
The Investment Trust of India has approved its audited consolidated financial results for the quarter and year ended March 31, 2025, posting a net profit of ₹45.92 Cr and total comprehensive income of ₹45.76 Cr for the year. The board accepted the resignation of Independent Director Alok Kumar Misra and brought in Sidharth Rath and Banavar Anantharamaiah Prabhakar as additional Independent Directors, subject to shareholder approval. A strategic move to transfer fund and asset management operations to its wholly-owned subsidiary ITI Asset Management Limited aims to streamline and boost operational efficiency.
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