ITI Limited has issued a formal response to BSE Limited regarding a surveillance query about volume movement in the company's shares. The response, dated April 10, 2026, addresses concerns raised by the stock exchange about trading activity patterns.

Regulatory Compliance Confirmation

The company confirmed its adherence to regulatory frameworks and disclosure obligations. Key aspects of ITI's response include:

Company's Position on Market Activity

ITI Limited clarified that it maintains full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that it consistently informs stock exchanges about all events that could potentially influence market behavior.

The telecommunications equipment manufacturer confirmed that no undisclosed matters or events are currently pending that might affect the price or volume behavior of the company's shares. This statement addresses BSE's concerns about recent trading patterns in the stock.

Market Dynamics Explanation

Regarding the volume of shares traded and share price movements, ITI Limited stated that these are purely driven by market conditions. The company clarified that it bears no responsibility for increases or decreases in trading volume, share price fluctuations, or broader stock market condition changes.

The response was digitally signed by Y Sathyan, Company Secretary, and submitted to BSE's surveillance department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. This formal communication demonstrates the company's commitment to maintaining transparency with regulatory authorities and ensuring proper disclosure practices.

ITI Limited has submitted its mandatory confirmation certificate for the quarter and financial year ended March 31, 2026, to both BSE and NSE, fulfilling regulatory requirements under SEBI depositories regulations.

Regulatory Filing Details

The company filed the confirmation certificate on April 10, 2026, through a communication signed by Y Sathyan, Company Secretary and Compliance Officer. The filing was made in compliance with Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulation, 2018.

Registrar Confirmation

Integrated Registry Management Services Private Limited, serving as the Registrar and Transfer Agent for ITI Limited, provided the requisite confirmation certificate dated April 6, 2026. The certificate was signed by S Giridhar, General Manager of the registry services company.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. All securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Compliance Procedures

The registrar's confirmation outlined key compliance measures undertaken during the quarter:

• Securities received for dematerialization were duly verified and processed
• Certificates received for dematerialization were mutilated and cancelled after verification
• Names of depositories were substituted in the register of members as registered owners within the stipulated 15-day period
• All dematerialization requests were confirmed (accepted/rejected) to depositories as required

Corporate Information

The filing demonstrates ITI Limited's adherence to regulatory requirements for listed companies. The company maintains its registered communications through ITI Bhavan, Dooravaninagar, Bangalore, while the registrar operates from multiple locations including Bangalore and Chennai offices.

This quarterly confirmation certificate represents a standard regulatory filing that ensures transparency in the dematerialization process and maintains investor confidence in the securities handling procedures.