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ITI informs about change in directorate

21 Feb 2023 Evaluate
ITI has informed that the Government of India vide Order no. E-14-3/2022-PSA dated 20.02.2023, has appointed Rajesh Rai (DIN: 10052045), General Manager (GM), Mahanagar Telephone Nigam (MTNL) to the post of Chairman and Managing Director of ITI for a period of five years with effect from the date of his assumption of charge of the post, 21.02.2023 (F/N), till the date of his superannuation, or until further orders, whichever is the earliest. In accordance with Government of India order dated 20.02.2023, Rakesh Chandra Tiwari, Director Marketing has relinquished the additional charge of the post of Chairman and Managing Director with effective from 21st February 2023 (F/N). The brief profile of Rajesh Rai is enclosed. Rajesh Rai is not related with any of the Directors of the Company. It has affirmed that Rajesh Rai is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Black Box 791.60
ITI 256.50
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Quadrant Televenture 0.79
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