ITT Corporation India filed a petition with NCLT Ahmedabad seeking confirmation for a reduction of its share capital.
The reduction follows a special resolution passed by shareholders in an Extraordinary General Meeting held on April 29, 2026.
NCLT admitted the petition and ordered notices to be issued to regulatory authorities, creditors, and published in newspapers.
The matter is listed for further hearing on September 17, 2026, to consider any representations or objections received.