ITI Ltd shares in focus as Board to consider capital infusion of Rs 59 crore via equity shares
The Board will Consider and approve the Allotment of equity shares to the President of India on preferential basis, against capex infusion of Rs. 59 Crore.
ITI Ltd shares in focus as Board to consider capital infusion of Rs 59 crore via equity shares
Shares of ITI Ltd are in focus as the state-run telecom company is going to hold a Board Meeting on 30th July 2025 in order to approve the allotment of equity shares.
The Board will Consider and approve the Allotment of equity shares to the President of India on preferential basis, against capex infusion of Rs. 59 Crore (Rupees Fifty Nine Crore Only), as per revival package of BIFR order dated 08th January 2013, the exchange filing stated.
Currently, the shares of ITI Ltd are closed at Rs 293.65, down by 3.21% at BSE. The stock was opened today at Rs 303.40 and reached an intraday high of Rs 305.68. The stock’s 52-week high is at Rs 592.70 at BSE.
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