Bengaluru: State-owned telecom equipment manufacturer ITI Limited has announced the extension of additional charge of the post of Director (Human Resources) to its Chairman and Managing Director (CMD), Mr. Rajesh Rai, for a further period of one year. The decision has been approved by the Government of India.
The extension has been cleared by the Appointments Committee of the Cabinet (ACC) following a proposal from the Department of Telecommunications (DoT) under the Ministry of Communications.
Extension Effective from May 28, 2026
As per the regulatory filing submitted by the company to stock exchanges, the extended tenure will be effective from May 28, 2026, and will continue until a regular incumbent assumes charge, whichever is earlier.
The move ensures continuity in leadership at the Human Resources division of ITI Limited during the interim period.
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Initial Appointment and Subsequent Extension
The Ministry of Communications had first assigned the additional charge of Director (HR) to Mr. Rajesh Rai through an order dated May 27, 2026, for a period of three months.
However, a fresh order issued on June 12, 2026, has now extended this additional responsibility for a further one-year period, reinforcing the government’s decision to maintain stable HR leadership at the PSU.
Regulatory Compliance and Stock Exchange Disclosure
ITI Limited has confirmed that the development has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has also formally informed both major stock exchanges in India:
- BSE (Scrip Code: 523610)
- National Stock Exchange of India (Symbol: ITI)
This disclosure ensures transparency for shareholders and adheres to statutory listing requirements.
Key Highlights
- Rajesh Rai continues as additional Director (HR) at ITI Limited
- Extension approved by the Government of India through ACC
- New tenure effective from May 28, 2026, for one year
- Initially assigned for 3 months from May 27, 2026
- Extension issued via order dated June 12, 2026
- Disclosure made under SEBI Regulation 30
- Intimation sent to both NSE and BSE
About ITI Limited
ITI Limited is a Government of India-owned telecommunications equipment manufacturing company under the Ministry of Communications. It plays a key role in supporting India’s telecom infrastructure by producing a range of products and services for the sector, contributing to national communication networks and digital connectivity initiatives.
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