ITI appoints Babji Patchilla as Chief Vigilance Officer

1 min read     Updated on 22 May 2026, 05:21 AM
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ITI Limited appointed Shri Babji Patchilla as its Chief Vigilance Officer for an initial tenure of three years. He succeeds Smt. Deepa Chawla, who relinquished the additional charge of the role on May 19, 2026.

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ITI Limited has appointed Shri Babji Patchilla as its Chief Vigilance Officer (CVO) following approval from the Appointments Committee of the Cabinet. The appointment is effective immediately, with Patchilla taking over the role at the Bengaluru-based company under the Department of Telecommunications.

The government has sanctioned the position for an initial period of three years from the date of assumption of charge or until further orders, whichever is earlier. Patchilla, an Indian Ordnance Factories Service (IOFS) officer from the 1998 batch, takes over from Smt. Deepa Chawla, who held the additional charge of CVO.

Appointment Details

The official communication regarding the appointment was made to the stock exchanges on May 21, 2026. The company disclosed that Smt. Deepa Chawla relinquished her duties as CVO (Additional Charge) on May 19, 2026.

Aspect Details
New Appointee Shri Babji Patchilla, IOFS (1998)
Designation Chief Vigilance Officer
Location ITI, Bengaluru
Tenure 3 years from date of assumption of charge
Predecessor Smt. Deepa Chawla, IRAS (Additional Charge)

The appointment order issued by the government specifies that the officer will serve at the pay level 14 of the pay matrix. The company has enclosed the appointment order as an annexure to its regulatory filing.

Historical Stock Returns for ITI

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+5.44%+1.08%-2.65%+7.20%+151.27%

How might Shri Babji Patchilla's background in the Indian Ordnance Factories Service influence ITI Limited's vigilance and compliance priorities compared to previous leadership?

What ongoing procurement or defense-related contracts at ITI Limited could come under heightened scrutiny following the appointment of a dedicated, full-time CVO?

Could this leadership transition in the vigilance function impact ITI Limited's pending government tenders or its positioning in the Department of Telecommunications' upcoming projects?

ITI Limited CFO Shri Prasad Barre resigns effective April 30, 2026

1 min read     Updated on 02 May 2026, 06:38 PM
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ITI Limited announced the resignation of its Chief Financial Officer Shri Prasad Barre, who served as General Manager – Corporate Finance & CFO. The resignation, tendered on personal grounds, became effective from the close of business hours on April 30, 2026. The company disclosed this information to both BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, Barre has ceased to be a Key Managerial Personnel of the company.

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ITI Limited has informed the stock exchanges about the resignation of its Chief Financial Officer Shri Prasad Barre. The company submitted the disclosure to BSE Limited and National Stock Exchange of India Limited on May 2, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Shri Prasad Barre, who held the position of General Manager – Corporate Finance & Chief Financial Officer, tendered his resignation on personal grounds. He was relieved from the services of the company with effect from the close of business hours on April 30, 2026. Following his departure, Barre has ceased to be a Key Managerial Personnel of ITI Limited.

Regulatory Disclosure

The company provided the required details as per relevant SEBI circulars through an annexure to the filing. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions.

Particulars Details
Reason for change Resignation
Date of cessation With effect from the close of business hour of April 30, 2026
Brief profile Not Applicable
Disclosure of relationships between directors Not Applicable

The communication was signed by Y Sathyan, Company Secretary of ITI Limited, and digitally verified on May 2, 2026. The scrip codes for the company are 523610 on BSE Limited and ITI on National Stock Exchange of India Limited.

Historical Stock Returns for ITI

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+5.44%+1.08%-2.65%+7.20%+151.27%

How will ITI Limited's ongoing financial restructuring and government contracts be impacted during the interim CFO period?

What timeline has ITI set for appointing a permanent replacement, and will they consider external candidates or promote internally?

Could this leadership change signal broader organizational restructuring at ITI given the company's recent strategic initiatives?

More News on ITI

1 Year Returns:+7.20%