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The Investment Trust Of India LimitedOthers, 25-07-2025: Change in Management

25-07-2025 | 08:15 pm

The company's board approved unaudited standalone net profit of **0.13 Cr** and consolidated net profit of **10.21 Cr** for the quarter ended June 30, 2025. Key approvals include revising the Employee Stock Option Plan 2017, pending shareholder consent, to boost effectiveness. Significantly, the company will dilute its controlling 50.33% stake in subsidiary ITI Gold Loans Limited, as it opted not to participate in the subsidiary's recent **22.50 Cr** share issuance, making it an associate. The board also appointed two Senior Management Personnel and approved an Independent Director's re-appointment for a second term, subject to shareholder nod at the upcoming Annual General Meeting.

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