Investment Trust of India Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the extension of its FFSIL-Employee Stock Option Plan 2017 (ESOP 2017) to employees of subsidiary companies. The voting results were announced on December 19, 2025, following the completion of the e-voting period.

Overwhelming Shareholder Support

The special resolution received exceptional shareholder backing, demonstrating strong confidence in the company's group-wide talent strategy:

The resolution was deemed passed on December 18, 2025, being the last date of e-voting, with the requisite majority achieved as per Section 114(2) of the Companies Act, 2013.

ESOP Extension Framework

The approved proposal enables ITI to extend its comprehensive employee incentive program across its corporate ecosystem:

Voting Process and Compliance

CS Himanshu Gajra served as the appointed scrutinizer, conducting the voting process through CDSL's e-voting platform. The postal ballot notice was dispatched electronically on November 14, 2025, to members whose email addresses were registered with the company or depositories. The company published mandatory newspaper advertisements in Financial Express (English) and Navshakti (Marathi) on November 15, 2025.

Strategic Impact

This approval represents a comprehensive approach to group-wide talent management, allowing ITI to align subsidiary employees' interests with parent company objectives, enhance motivation and retention across the corporate group, and foster an ownership mentality among key personnel throughout the organization.

The voting results and scrutinizer report have been submitted to BSE (Scrip Code: 530023) and NSE in compliance with Regulation 44(3) of SEBI (LODR) Regulations, 2015, with all documentation available on the company's website for stakeholder reference.

Investment Trust of India has reported its consolidated financial results for the quarter ended September 30, 2025, showing a net profit after tax of ₹561.01 crores. This represents a significant decline from the previous quarter's profit of ₹1,020.80 crores, marking a 45.02% decrease in profitability.

Financial Performance Overview

The company's Q2 performance presents a mixed picture with revenue growth offset by declining profitability. While operational revenue increased substantially, the bottom line was impacted by higher expenses across multiple categories.

Segment-wise Performance

The company's diversified business model spans multiple financial services segments, each contributing differently to overall performance:

Expense Analysis

The quarter saw increased operational expenses that impacted profitability:

Corporate Actions and Developments

The Board has approved several strategic initiatives during the quarter. The extension of the FFSIL-Employee Stock Option Plan 2017 to eligible employees of subsidiary companies covers 30 lakh equity shares with an exercise price at face value of ₹10 per share. Additionally, the company approved the redemption of 10,050 unlisted 0% Optionally Convertible Preference Shares (OCPS) of ₹325 each, due for redemption on December 30, 2025.

Consolidated Structure

The consolidated results encompass performance from multiple subsidiaries including ITI Securities Broking Limited, ITI Credit Limited, ITI Asset Management Limited, Fortune Management Advisors Limited, and Antique Stock Broking Limited, among others. The group also includes its share of profit from associate ITI Finance Limited, which contributed ₹547.45 crores during the quarter.

Outlook Considerations

The company continues to navigate the pending scheme of arrangement for demerging its 'Non-lending Business Undertaking' into Distress Asset Specialist Limited, a wholly owned subsidiary. This demerger, approved by the Board in June 2022, remains subject to approvals from stock exchanges, company members, and the National Company Law Tribunal.