Date: June 01, 2026
Business Transfer / Strategic Actions
The Board of Directors of The Investment Trust of India Limited (TITL) approved the transfer of its fund/asset management and advisory business relating to:
- ITI Long Short Fund (SEBI-registered Category III Alternative Investment Fund)
- ITI Long Short Equity Offshore Fund (IFSC)
to its wholly-owned subsidiary, ITI Asset Management Limited (ITI AMC).
All requisite regulatory approvals and consents for the consummation of the transaction have been obtained, including:
- Approval/acknowledgement from the International Financial Services Centres Authority (IFSCA)
- Approval/acknowledgement from the Alternative Investment Fund and Foreign Portfolio Investors Department – Division of Registration, Approvals and Correspondence, Securities and Exchange Board of India (SEBI)
Consequent to the approvals, the investment management, advisory and related fund management functions in respect of both funds shall be transferred to ITI AMC. This move consolidates and streamlines the asset and fund management activities of the Group.
The Investment Trust of India Limited shall continue to remain the Sponsor of the aforesaid funds.
Not Specified Sections
KMP / Board / Auditor Changes: Not specified
Dividend Declaration or Non-Declaration: Not specified
Board Meeting Outcomes: Not specified (beyond previously approved transfer)
Financial Results: Not specified
Auditor's Report: Not specified
Media Release / Investor Communication: Not specified
Other Operational / Legal / Strategic Disclosures: Not specified