ITI Ltd closes share register Oct 29-Nov 4 for 76th AGM

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Reviewed by
Riya DScanX News Team
Key Highlights
  • ITI Limited will close its Register of Members from October 29 to November 4, 2026
  • The closure is for the 76th Annual General Meeting scheduled on November 4, 2026
  • Shareholders must be registered by the start of the closure period to vote
  • The notice was filed under Regulation 42 of SEBI Listing Obligations
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ITI Limited will close its Register of Members from October 29, 2026 to November 4, 2026. This period is designated for determining eligibility for the company's 76th Annual General Meeting.

Historical Stock Returns for ITI

1 Day5 Days1 Month6 Months1 Year5 Years
+2.03%+1.82%-6.74%-16.18%-28.01%+102.51%

How might ITI Limited's recent financial performance influence shareholder sentiment leading up to the 76th AGM?

What strategic initiatives or leadership changes are expected to be announced during the upcoming Annual General Meeting?

How will the closure of the Register of Members impact the voting dynamics among institutional versus retail shareholders?

ITI Ltd submits BRSR for FY26 with reasonable assurance from MITCON

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • ITI Limited filed its BRSR for FY26 with reasonable assurance from MITCON Consultancy
  • Revenue mix shifted significantly with projects contributing 57.06% and services 41.48%
  • Manufacturing now represents only 1.47% of total turnover
  • Accounts payable days increased to 437 days in FY26 from 280 days in FY25
  • Battery waste accounted for 11,725 MT of the total 11,964 MT waste generated
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ITI Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges. The filing, dated October 13, 2026, confirms that the company obtained reasonable assurance on its BRSR Core indicators from MITCON Consultancy & Engineering Services Limited.

The report discloses a significant shift in the company's revenue composition. While manufacturing accounts for only 1.47% of turnover, services contribute 41.48% and turnkey projects account for 57.06%. This indicates a strategic pivot away from traditional hardware manufacturing toward service-led and project-based revenue streams.

Operational Footprint and Workforce

The company operates on a pan-India basis with no international operations or export contribution. Its infrastructure includes six manufacturing plants and one network system unit. The total workforce comprises 891 employees and 275 workers. Female representation stands at 25.48% among permanent employees and 20% on the Board of Directors.

Category Total Count Male (%) Female (%)
Permanent Employees 471 74.52% 25.48%
Other than Permanent Employees 420 76.43% 23.57%
Permanent Workers 81 93.83% 6.17%
Other than Permanent Workers 194 68.56% 31.44%

Environmental Performance Metrics

ITI Limited reported total energy consumption of 112,032 GJ for FY26, with 4,828 GJ sourced from renewable sources. The remaining 102,377 GJ was consumed from non-renewable sources. Greenhouse gas emissions totaled 20,587 metric tonnes of CO2 equivalent, split between Scope 1 (846 MT) and Scope 2 (19,741 MT) emissions.

Water withdrawal stood at 637,348 kilolitres, primarily from surface water (417,590 kL) and groundwater (187,109 kL). The company discharged 247,003 kilolitres of water, all of which underwent treatment before release.

What the Numbers Show

A critical divergence exists between the company's operational focus and its waste management profile. Battery waste constitutes 11,725 MT out of the total 11,964 MT generated, accounting for approximately 98% of all waste. This concentration suggests that despite the shift toward services and projects, the legacy inventory or maintenance activities associated with battery-based telecom infrastructure remain a dominant environmental liability. Furthermore, accounts payable days rose sharply to 437 days in FY26 from 280 days in FY25, indicating extended credit periods with suppliers.

Governance and Compliance

The BRSR was prepared on a standalone basis. The company adheres to SEBI Regulations and DPE Guidelines, holding certifications including ISO 14001:2015 and BIS. No fines, penalties, or legal proceedings related to corruption or bribery were reported against directors or key managerial personnel during the fiscal year. The company also noted that it was not required to spend on Corporate Social Responsibility (CSR) activities as per Section 135 of the Companies Act, 2013, due to negative average net profits over the preceding three years, though it voluntarily contributed ₹2 lakh to the Armed Forces Flag Day Fund.

Historical Stock Returns for ITI

1 Day5 Days1 Month6 Months1 Year5 Years
+2.03%+1.82%-6.74%-16.18%-28.01%+102.51%

How will ITI Limited address the critical liquidity strain indicated by the surge in accounts payable days to 437, and what impact might this have on supplier relationships?

What specific strategies is ITI Limited implementing to mitigate the environmental liability posed by battery waste, which constitutes 98% of its total waste generation?

Given the strategic pivot where manufacturing now represents less than 1.5% of turnover, how does ITI plan to sustain its six manufacturing plants without significant capital infusion or asset divestiture?

More News on ITI

1 Year Returns:-28.01%