ITI has redeemed 1,00,00,000 8.75% Cumulative Redeemable Preference Shares of Rs 100 each aggregating to Rs 100 crore at par held by Mahanagar Telephone Nigam.
ITI offers products and services in the telecom sector. The company has a range of telecom products and total solutions covering the whole spectrum of switching, transmission, access and subscriber premises equipment.