The Investment Trust of India Seeks Shareholder Approval to Extend ESOP Benefits to Subsidiary Employees

Investment Trust of India Limited (ITI) has announced a significant move to broaden the scope of its employee incentive program. The company has issued a postal ballot notice seeking shareholder approval to extend its FFSIL-Employee Stock Option Plan 2017 (ESOP 2017) to employees of its subsidiary companies.

Key Details of the Proposal

Scope of Extension: The proposal aims to include eligible employees and directors of ITI's subsidiary companies, both in India and abroad, in the ESOP 2017 scheme.
Number of Options: The plan allows for granting up to 30 lakh (3 million) stock options.
Option Conversion: Each option, when exercised, would be convertible into one equity share of Rs. 10 each.
Voting Process: Shareholders will cast their votes through remote e-voting.
Voting Period: The e-voting is scheduled from November 19 to December 18, 2025.

Significance of the Move

This extension of the ESOP scheme to subsidiary employees represents a strategic decision by ITI to:

Align interests of subsidiary employees with the parent company's objectives.
Enhance motivation and retention of key talent across the group.
Foster a sense of ownership and long-term commitment among employees.

Details of the ESOP 2017 Scheme

The postal ballot notice provides comprehensive information about the ESOP 2017 scheme:

Aspect	Details
Vesting Period	Between 1 to 5 years from the date of grant
Exercise Period	Up to 5 years from the date of vesting
Exercise Price	Minimum of Rs. 10.00 per option (face value of shares)
Lock-in Period	2 years for allotted shares
Eligibility	Permanent employees, directors (excluding independent directors), and employees of subsidiary companies

Shareholder Approval Process

Type of Resolution: Special Resolution
Voting Method: Remote e-voting through CDSL platform
Cut-off Date for Eligibility: November 07, 2025
Results Announcement: Expected on or before December 19, 2025

Management's Perspective

The company views this extension as a tool to "attract, retain key talents working with the Company and its Subsidiary company(ies), by way of rewarding their performance and motivate them to contribute to the overall corporate growth and profitability."

Conclusion

Investment Trust of India's move to extend its ESOP benefits to subsidiary employees reflects a comprehensive approach to group-wide talent management and alignment of interests. Shareholders' decision on this proposal will be crucial in shaping the company's employee incentive structure across its corporate ecosystem.

Investors and stakeholders will be keenly watching the outcome of this vote, as it could potentially impact the company's ability to motivate and retain talent across its group companies, ultimately influencing its long-term performance and growth strategies.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.33%	-2.33%	-12.04%	-16.91%	-36.98%	-0.85%

Investment Trust of India Limited (ITI) has re-submitted its unaudited financial results for the quarter and half-year ended September 30, 2025, after inadvertently omitting certain pages in the initial filing. The company reported a consolidated net profit after tax of Rs 561.01 lakhs for the quarter, showcasing its financial performance amidst market fluctuations.

Key Financial Highlights

ITI's consolidated financial results for Q2 FY2026 reveal:

Particulars	Q2 FY2026 (Rs lakhs)	Q2 FY2025 (Rs lakhs)	YoY Change
Revenue from Operations	7,905.56	11,119.31	-28.90%
Net Profit After Tax	561.01	2,042.23	-72.52%
Total Income	7,932.25	11,847.88	-33.05%

The company's performance shows a significant year-on-year decline in both revenue and profitability.

Segment-wise Performance

ITI's diverse business segments contributed differently to its overall performance:

Broking and related services: Revenue of Rs 3,833.82 lakhs
Financing activities: Revenue of Rs 3,233.55 lakhs
Asset management activities: Revenue of Rs 809.53 lakhs
Investment and advisory services: Revenue of Rs 685.59 lakhs

Re-submission Details

The company clarified that certain pages of the Standalone Financial Results were inadvertently omitted in the initial submission. The re-uploaded documents include:

Notes to Standalone Financial Results
Standalone Assets and Liabilities
Standalone Cash Flow Statement

ITI assured that the omitted details were already reflected in the company's Integrated Filing – Financial Submission, emphasizing that the oversight was unintentional.

Corporate Actions

The Board of Directors approved several key matters during their meeting on November 05, 2025:

Extension of the 'FFSIL- Employees Stock Option Plan 2017' to eligible employees of subsidiary companies, subject to shareholder approval via postal ballot.
Redemption of 10,050 unlisted 0% Optionally Convertible Preference Shares (OCPS) of face value Rs 325 each, due for redemption on December 30, 2025.

Outlook

While the company faces challenges reflected in its year-on-year financial decline, ITI's diverse business segments and corporate actions suggest ongoing efforts to optimize operations and enhance shareholder value. The Investment Trust of India Limited continues to navigate the dynamic financial services landscape, balancing its various business segments while ensuring regulatory compliance and transparency in its financial reporting.