ITI Limited Appoints Shri C Vramana Babu as Chief Financial Officer and Key Managerial Personnel
ITI Limited announced the appointment of Shri C Vramana Babu as the Chief Financial Officer and Key Managerial Personnel of the company. The appointment was approved by the Board of Directors during its meeting held on May 28, 2026, and is effective from the same date.The company confirmed that Shri C Vramana Babu, who currently serves as the Director Marketing, is assuming the role of CFO, enhancing his key managerial responsibilities within ITI Limited.
Professional Profile and Experience
Shri C Vramana Babu brings extensive experience spanning over 30 years in the telecom sector, covering project planning, execution, installation, commissioning, and operations of various telecom networks.Details of his professional background and current designation are provided below:
| Area | Details |
|---|---|
| Current Roles | Director Marketing (since January 25, 2024) and additional charge for Director Finance (since October 15, 2025). |
| Academic Qualifications | Graduate in Electronics & Communications from Andhra University; Diploma in Public policy and Sustainable Development from The Energy and Resource Institute (TERI), New Delhi. |
| Sector Experience | Has worked in the Software Centre of the Department of Telecom (DOT), dealing with large capacity Digital Switching Equipment. |
| Key Achievements | Oversaw the smooth Y2K transition through the development of software patches related to switching and billing. He has extensive knowledge of Mobile networks and experience installing CDMA and Wimax networks. He successfully led the prestigious CSC project. |
| BSNL and Broadband Experience | Was responsible for dealing with spectrum issues in BSNL and took the lead in designing the 4G network in BSNL, successfully soft launching 4G services in Chandigarh in 2016. At a previous position as Chief General Manager at Bharat Broadband Networks Limited (BBNL), he coordinated the completion of Phase 1, which involved connecting 120,000 Gram Panchayats with OFC. |
| Procurement Expertise | Has vast experience in procurement, handling activities for the erstwhile Department of Telecom (DOT). He was instrumental in the preparation of the BSNL procurement manual, which serves as a reference for many telecom PSUs and private telcos. |
| Areas of Interest | IOT, Mobile networks, circular economy, and renewable energy. |
ITI Stock Price Movement
Shares of ITI Limited are edging higher to ₹305.15 as of 11:06 AM today, gaining 1.24% in live trading. The stock maintains positive momentum, trading today within the ₹303 to ₹313.65 range, with 836,164 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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