ITI secures listing approval for 19.65 lakh preferential shares
ITI Ltd received approval from BSE and NSE to list 19,65,029 equity shares issued to promoters at a premium of ₹290.25 per share. The shares, bearing distinctive numbers from 960886939 to 962851967, will be listed upon depository confirmation. The company must comply with SEBI ICDR Regulations and apply for trading approval within seven working days to avoid penalties.

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ITI Ltd has secured listing approval from BSE and NSE for 19,65,029 equity shares issued to promoters on a preferential basis. The shares, valued at ₹10 each, were issued at a premium of ₹290.25. This approval allows the shares to be listed and admitted to dealings on the exchanges, pending confirmation from depositories regarding the credit of beneficiaries' accounts.
The approvals were granted via letters from BSE (LOD/PREF/MV/FIP/358/2026-27) and NSE (NSE/LIST/53986) on June 10, 2026. The shares bear distinctive numbers ranging from 960886939 to 962851967. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company must ensure compliance with Regulation 167 of the SEBI (ICDR) Regulations. Additionally, if the shareholding pattern changes by more than 2% of the total paid-up share capital, the company is required to file the updated pattern in XBRL mode under Regulation 31(1)(c) of SEBI LODR Regulations.
Trading approval for these shares will be granted only after ITI Ltd submits the listing approval from the other exchange and confirmation letters from NSDL and CDSL. These confirmations must verify the crediting of shares to beneficiary accounts and the lock-in of pre-preferential holdings if applicable.
Listed entities are required to apply for trading approval within seven working days from the date of the listing approval grant. Non-compliance with this timeline, as specified in SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, will result in penalties.
| Parameter | Details |
|---|---|
| Total Shares Allotted | 19,65,029 |
| Face Value | ₹10 |
| Issue Premium | ₹290.25 |
| Issue Basis | Preferential to Promoters |
| Distinctive Number Range | 960886939 to 962851967 |
| BSE Reference Number | LOD/PREF/MV/FIP/358/2026-27 |
| NSE Reference Number | NSE/LIST/53986 |
Historical Stock Returns for ITI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.90% | -1.50% | +4.50% | -3.67% | -5.71% | +130.58% |
How will the infusion of funds from this preferential allotment impact ITI Ltd's capital expenditure plans and debt profile?
What strategic initiatives or acquisitions does ITI Ltd intend to pursue with the capital raised from this issuance?
How might the increase in promoter shareholding influence the company's governance structure and future decision-making?































