The Investment Trust Of India Limited — Others, 25-07-2025: Appointment
The company's Board has approved the financial results for the quarter ended June 30. Consolidated net profit reached ₹10.21 Cr, while standalone profit was ₹0.13 Cr. The Board also approved a revised Employee Stock Option Plan, awaiting shareholder approval, to enhance scheme effectiveness and align with current requirements. A significant strategic move involves diluting equity in ITI Gold Loans Limited, shifting it from a subsidiary to an associate. This decision reflects a focus on core business and no further capital allocation to IGLL. Two Senior Management Personnel, Ms. Darshna Mehta (HR) and Mr. Mannish Patil (IT), were appointed. Additionally, Mrs. Papia Sengupta was proposed for re-appointment as an Independent Director, pending shareholder approval, and the 34th Annual General Meeting is scheduled for August 25.
All announcements from The Investment Trust Of India Limited
