ITI Limited appoints Ajai Kumar Srivastava as Director Production
ITI Limited announced the appointment of Ajai Kumar Srivastava as Director Production, effective July 31, 2026. The Government of India, through the Ministry of Communications, elevated Srivastava from General Manager to this Board position. He will serve until March 31, 2029, bringing 27 years of internal experience in manufacturing and production to the role. The appointment complies with SEBI LODR Regulation 30 and DPE guidelines.

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Government of India has appointed Ajai Kumar Srivastava as ITI Limited Director Production, effective July 31, 2026. The Ministry of Communications issued the order on July 30, 2026, elevating Srivastava from his previous role as General Manager. This appointment strengthens the company's leadership in its core manufacturing operations, with Srivastava serving until his superannuation on March 31, 2029, or until further orders, whichever is earlier.
The appointment was formalized under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ITI Limited disclosed the change to the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 1, 2026. The Company Secretary & Compliance Officer, Y Sathyan, signed the disclosure letter.
Srivastava’s appointment is governed by DPE guidelines and Article 129 of the Articles of Association of ITI Limited. He assumes the post in the pay scale of Rs. 25,750-30,950/- (IDA) (1st PRC). His Director Identification Number (DIN: 11865448) was allotted on July 31, 2026, aligning with the effective date of his appointment.
Profile and Experience
Ajai Kumar Srivastava holds a B.Tech degree in Electronics & Communication. He has been working with ITI Limited since November 1998, accumulating 27 years of experience in Manufacturing and Production. During his tenure, he served as a unit head in various plants across the organization.
| Detail | Information |
|---|---|
| Appointee | Ajai Kumar Srivastava |
| Designation | Director Production |
| Effective Date | July 31, 2026 |
| Term End | March 31, 2029 or further orders |
| DIN | 11865448 |
| Education | B.Tech (Electronics & Communication) |
| Experience | 27 years at ITI Limited since November 1998 |
The Ministry of Communications order cites DoP&T letter No. 24/01/2026-EO(PE) dated July 24, 2026, as the authority for this appointment. Amit Kundan, Under Secretary to the Government of India, signed the official order dated July 30, 2026.
Regulatory Compliance
The disclosure includes Annexure A, which confirms the reason for the change as an appointment and states that there are no applicable relationships between directors requiring disclosure. The detailed terms and conditions of the appointment follow DPE guidelines, which are being issued separately by the competent authority.
Historical Stock Returns for ITI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.19% | -0.32% | -7.05% | -4.24% | -5.87% | +116.00% |
How might Srivastava's internal promotion signal ITI Limited's strategic focus on optimizing manufacturing efficiency to meet rising domestic telecom infrastructure demand?
What impact could this leadership change have on ITI Limited's production timelines for critical defense and railway communication projects?
Will the appointment of a long-tenured internal candidate influence investor sentiment regarding corporate governance and succession planning at ITI Limited?


































