ITI has informed that the Board of Directors in its meeting held on 26.06.2020 has took note of the followings: Memorandum of Understanding between Tech Mahindra and ITI on electronic manufacturing and business alliance, and Licensing Agreement with Transfer of Technology between Defence Bio-Engineering and Electromedical Laboratory (DEBEL), Defence Research & Development Organisation (DRDO) and ITI.
The above information is a part of company’s filings submitted to BSE.