ITI Ltd Receives Listing Approval from BSE and NSE for Preferential Allotment of Shares
ITI Ltd, a Government of India Undertaking, has received listing approval from both BSE Limited and National Stock Exchange (NSE) regarding the allotment of equity shares to its Promoters on a preferential basis. The approval covers 19,65,029 equity shares issued at a premium.The companies successfully obtained the necessary approvals from stock exchanges following the issuance of the shares. The listing approval documents were secured from BSE and NSE on June 10, 2026.
The details pertaining to the share allotment and listing approval are as follows:
| Parameter | Detail |
|---|---|
| Company Name | ITI Ltd (Govt. of India Undertaking) |
| Total Shares Allotted | 19,65,029 |
| Face Value per Share | Rs. 10/- |
| Premium per Share | Rs. 290.25/- |
| Allocation Basis | Preferential basis to Promoters |
| Approval Date (BSE/NSE) | June 10, 2026 |
The approval signifies that the shares allocated to the Promoters are granted in-principle approval for listing on both exchanges. Trading of these shares will be admitted upon receipt of confirmation from depositories such as NSDL and CDSL for credit into beneficiaries' accounts.
ITI Stock Price Movement
ITI Limited shares shed value today, settling in the lower range after closing at ₹288.8, reflecting a 1.41% decline. The stock was actively traded during the session, with the company reporting a total volume of 234,982 shares.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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