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The Investment Trust Of India LimitedImportant, 25-07-2025: General Updates

25-07-2025 | 08:36 pm

The Investment Trust of India has announced financial results for the quarter, with consolidated net profit at ₹10.21 Cr, up from ₹6.85 Cr last quarter but down from ₹12.91 Cr year-ago. A major strategic shift involves diluting equity in ITI Gold Loans, its NBFC subsidiary. The company, currently holding 50.33%, will not infuse further capital, leading to ITI Gold Loans becoming an associate instead of a subsidiary. This follows ITI Gold Loans issuing 90 lakh shares at ₹25 each during the quarter. The company also approved a revised employee stock option plan and appointed new Senior Management Personnel.

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