ITI Limited has issued an official clarification regarding recent media reports about its land monetization plans in Bengaluru. The company responded to BSE surveillance queries about news reports suggesting the sale of a 91-acre land parcel to raise ₹3,473.00 crores.

Official Company Response

In a filing dated December 22, 2025, ITI Limited clarified that no information regarding land monetization was directly shared with media outlets including Moneycontrol.com. The company stated that published information might have originated from replies to Lok Sabha questionnaires submitted through the Ministry of Communications.

Land Monetization Framework

The company confirmed that certain land parcels have been identified for monetization in accordance with Government of India directions and guidelines. The process aims to facilitate settlement of bank loans and pending statutory dues. However, ITI emphasized that the monetization process is being undertaken by the National Land Monetization Corporation (NLMC) and remains in preliminary stages.

Regulatory Compliance Statement

ITI Limited reaffirmed its commitment to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it always intimates stock exchanges about events that might impact market conditions. As of the filing date, ITI confirmed no pending matters requiring disclosure to stock exchanges that could affect price or volume behavior.

Market Impact Disclaimer

The company addressed recent trading activity, stating that share price movements and trading volumes are based on market speculation in response to social media articles. ITI clarified that it is not responsible for any increase or decline in share volume, price, or stock market condition changes related to these reports.

This clarification provides transparency regarding the actual status of ITI's land monetization initiative, distinguishing between preliminary identification of assets and actual transaction execution.

ITI Limited , a government-owned telecommunications equipment manufacturer, has received a significant boost to its credit profile. Acuite Research and Ratings Ltd has upgraded the company's credit ratings, signaling an improvement in its financial standing and operational performance.

Credit Rating Upgrade Details

The rating agency has revised ITI Limited's ratings as follows:

This upgrade covers a substantial portion of ITI Limited's bank facilities, totaling Rs 4,851.69 crore. The improved ratings apply to various financial instruments, including:

• Cash Credit
• Letters of Credit
• Bank Guarantees

Key Lenders

The upgraded ratings encompass facilities from several major banks, including:

• Bank of Baroda
• State Bank of India
• Canara Bank

Financial Performance Insights

An analysis of ITI Limited's recent financial data reveals some interesting trends:

The company has shown significant growth in its asset base over the past five years, with total assets increasing by 16.71%. However, the rise in current liabilities (41.75% over five years) outpaces the growth in current assets (31.57%), which may indicate some pressure on working capital management.

Implications of the Rating Upgrade

The credit rating upgrade from Acuite Research and Ratings Ltd is a positive development for ITI Limited. It suggests:

1. Improved financial stability and creditworthiness
2. Potential for better terms on future borrowings
3. Enhanced confidence among stakeholders, including investors and lenders

However, the decrease in shareholders' capital (-33.53% over five years) warrants attention and may require strategic measures to strengthen the company's equity position.

Conclusion

ITI Limited's credit rating upgrade reflects an improvement in its overall financial profile. While the company shows robust growth in assets, managing the balance between liabilities and equity will be crucial for sustaining this positive momentum. As a government-owned entity in the strategic telecommunications sector, ITI Limited's financial health and performance remain significant for both investors and policymakers alike.