ITI Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

ITI Limited has announced a board meeting held on July 30, 2025, where directors approved the preferential allotment of equity shares. These shares are being issued to the President of India, converting a significant ₹59 crore previously received as capital expenditure into equity. This strategic move strengthens the company's capital base and regularizes the government's investment, providing a more stable financial outlook for the company.