Change in Director / Key Managerial Personnel

Nature of change: Appointment of Chief Financial Officer and Key Managerial Personnel

Name and DIN of the individual: Shri Ramana Babu C V (Director Marketing with Additional Charge Director Finance). DIN not disclosed in the document.

Effective date and tenure: Effective from May 28, 2026. The appointment is on existing terms and conditions applicable to him as a Director of the Company.

Brief profile and relevant qualifications:

  • Took charge as Director Marketing of ITI Limited effective January 25, 2024
  • Entrusted with additional charge for the post of Director Finance effective October 15, 2025
  • Belongs to Indian Telecom Services (ITS) - 90 Batch
  • Graduate in Electronics & Communications from Andhra University
  • Diploma in Public policy and Sustainable Development from The Energy and Resource Institute (TERI), New Delhi
  • Over 30 years of experience in Project planning, execution, installation, commissioning and operations of various telecom networks
  • Worked in Software centre of Department of Telecom (DOT), dealing with large capacity Digital Switching systems
  • Served as Chief General Manager at Bharat Broadband Networks Limited (BBNL), coordinating connection of 120,000 Gram Panchayats with OFC
  • Instrumental in preparation of BSNL procurement manual
  • Experience in spectrum issues, 4G network design (soft launched 4G services in 2016 in Chandigarh)
  • Vast experience in procurement activities
  • Interests in IOT, Mobile networks, circular economy and renewable energy

Confirmation of eligibility: The appointment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as evidenced by the reference to SEBI Master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Relationship with other directors: Disclosure states "Not Applicable" for relationships between Directors.

Previous KMP: The document does not specify who held the CFO position previously or what happened to their tenure.

Key Financial or Operational Approvals

No financial or operational approvals were disclosed in this filing beyond the CFO appointment.

Strategic or Business Context

No strategic or business context, outlook, or commentary was provided in this filing.

Any Other Material Information

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), read with SEBI Master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended).

The letter was digitally signed by Y Sathyan, Company Secretary & Compliance Officer of ITI Limited on May 29, 2026 at 10:46:18 IST.