In light of the observations arising from the audit by office of the Principal Director of Audit, Post & Telecommunications the Comptroller & Audit General of India, ITI has informed that the audit report of the statutory auditors of the Company for the year 2018-19 dated 29.05.2019 is being revised and is to be taken on record by the Board of Directors in its ensuing meeting on 11th October 2019 (as informed earlier vide its letter dated 30.09.2019). It may be noted that the said amendment has no impact on the reported figure in the financial statements for the year 2018-19.
The above information is a part of company’s filings submitted to BSE.