ITI Limited has secured a three-month extension from the Registrar of Companies (ROC), Bangalore, to convene its 76th Annual General Meeting for the financial year ended March 31, 2026. The ROC approved the request on September 18, 2026, allowing the company to hold the meeting within the extended timeframe.

The company had filed an application in Form GNL-1 on September 10, 2026, seeking the extension under Section 96 of the Companies Act, 2013. The original deadline for holding the AGM was September 30, 2026. The ROC’s order cites the reasons stated in the company’s application as grounds for granting the relief.

Regulatory Compliance

The extension was granted under Section 96(1) read with the second proviso attached thereto. In its order, the ROC advised the company to ensure careful compliance with the provisions of the Companies Act, 2013, in future filings. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company secretary, Y Sathyan, confirmed that the company will convene the AGM within the permitted extended period. A copy of the extension letter from the ROC Bangalore was enclosed with the exchange filing.

National Land Monetization Corporation (NLMC) has initiated the process to monetize a significant real estate asset held by ITI Limited through an electronic auction. NLMC issued a request for proposal (RFP) on behalf of ITI Limited for the sale of a land parcel located in Krishnarajapuram, Bengaluru, Karnataka. The transaction involves a land extent of 44.03 acres, with the reserve price for the e-auction fixed at ₹1685.40 crore. This move aligns with broader corporate strategies to unlock value from non-core or idle assets, providing liquidity through structured monetization channels.

Transaction details

The key parameters of the proposed e-auction are as follows:

Regulatory disclosure

ITI Limited made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the RFP issuance. Further details concerning the tender process are available on the ITI Official Website under the "Tender" section. The disclosure was signed by Y Sathyan, Company Secretary and Compliance Officer of ITI Limited.