The Investment Trust of India Limited has announced a corporate guarantee arrangement worth ₹400 crores with HDFC Bank Limited to support its wholly owned subsidiary's banking operations. The disclosure was made on March 19, 2026, in compliance with SEBI listing regulations.

Corporate Guarantee Details

The company is extending the corporate guarantee to facilitate HDFC Bank Limited's issuance of a bank guarantee facility for Antique Stock Broking Limited. The arrangement involves the following key parameters:

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Secretary and Compliance Officer Vidhita Sudesh Narkar signed the disclosure document, confirming adherence to all applicable regulatory requirements.

Transaction Structure and Impact

The corporate guarantee arrangement supports Antique Stock Broking Limited's operational requirements with NSE Clearing Limited. Key aspects of the transaction include:

• The guarantee is provided for the company's wholly owned subsidiary
• No promoters, promoter group members, or directors have any interest in the transaction
• The arrangement is conducted at arm's length pricing as part of ordinary business operations
• Currently, there is no anticipated impact on the parent company beyond standard financial statement disclosures

Business Context

Antique Stock Broking Limited, as a wholly owned material subsidiary, requires bank guarantee facilities to meet collateral and margin requirements with NSE Clearing Limited. This corporate guarantee enables the subsidiary to access necessary banking facilities while maintaining compliance with exchange requirements.

The Investment Trust of India Limited has formally communicated this arrangement to both BSE Limited and National Stock Exchange of India Limited, ensuring full transparency with market regulators and stakeholders.

The Investment Trust of India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a remarkable turnaround in standalone performance. The company reported a standalone net profit of ₹41.35 lakhs in Q3FY26, marking a significant improvement from the loss of ₹111.52 lakhs recorded in the corresponding quarter of the previous year.

Standalone Financial Performance

The company's standalone operations demonstrated mixed revenue trends during the quarter. Revenue from operations declined to ₹258.68 lakhs in Q3FY26 from ₹251.71 lakhs in Q3FY25, while other income surged substantially to ₹316.24 lakhs compared to ₹157.01 lakhs in the previous year quarter.

For the nine months ended December 31, 2025, the company achieved a standalone net profit of ₹21.78 lakhs compared to a loss of ₹70.60 lakhs in the corresponding period of the previous year. Total income for the nine-month period reached ₹1,581.23 lakhs versus ₹1,473.88 lakhs in the previous year.

Consolidated Financial Results

The consolidated performance showed robust growth across key metrics. Net profit after tax reached ₹1,280.46 lakhs in Q3FY26, significantly higher than ₹574.22 lakhs in Q3FY25. Revenue from operations grew to ₹8,226.26 lakhs from ₹7,698.52 lakhs in the corresponding quarter of the previous year.

Corporate Developments

The Board of Directors approved several significant corporate actions during their meeting held on February 03, 2026. A key decision involved the approval of a scheme of demerger of the 'Corporate and MSME Loan Undertaking' division of ITI Credit Limited, a wholly owned subsidiary, and its subsequent merger with ITI Finance Limited, an associate company.

The rationale for this restructuring includes:

• Enhanced operational focus for both entities
• Improved financial efficiency
• Optimal utilization of resources
• Independent growth opportunities for segregated business verticals

Subsidiary Changes and Impact

A notable development during the quarter was the change in control of ITI Gold Loans Limited. The Group's equity shareholding was diluted from 50.33% to 46.81% on November 29, 2025, and further reduced to 31.43% on December 30, 2025. This resulted in a loss of control, leading to ITI Gold being treated as an associate company and recognition of a gain on loss of control amounting to ₹107.17 lakhs.

Segment Performance Analysis

The consolidated segment-wise revenue showed varied performance across different business verticals:

Additional Corporate Actions

The Board also approved the re-appointment of M/s. MAKK & Co., Chartered Accountants as Internal Auditors for the financial year 2026-27. The firm, established in 1998, brings extensive experience across various industries including banking, finance, capital markets, and manufacturing sectors.

The company maintains its paid-up equity share capital at ₹5,224.22 lakhs with a face value of ₹10 per share. The results reflect the company's continued focus on operational efficiency and strategic restructuring to enhance shareholder value.