Corporate Action11 Jun 2026, 05:21 pm
ITI Ltd Receives Listing Approval for 19.65 Lakh Equity Shares
AI Summary
ITI Ltd has received listing approval from both BSE Limited and the National Stock Exchange of India for 19,65,029 equity shares. These shares, with a face value of Rs. 10 each, were issued at a premium of Rs. 290.25 per share to promoters on a preferential basis. The approval is contingent upon confirmation from NSDL/CDSL regarding the credit of shares to beneficiary accounts and admission to the depository system. The company must also apply for trading approval within seven working days.
Key Highlights
- Listing approval secured for 19,65,029 equity shares.
- Shares issued to promoters on preferential basis at a premium.
- Approval from BSE and NSE received.
- Listing contingent on depository confirmation and trading approval application.
Price Impact
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