ITI announced that Lt Gen Kanwar Vinod Kumar, Government Director (DIN: 10366028) ceased to be the Director of the Company, upon attaining the age of superannuation on 31 December 2025. Powered by Capital Market - Live News

 ITI has received a work order for Ice-Hockey Rink Project in Kaza, Lahaul & Spiti in the state of Himachal Pradesh. The value of the work order is worth Rs. 72.76 crore which has been released by the Office of the Deputy Commissioner, Lahaul & Spiti, for construction of an Ice-Hockey Rink facility at Kaza Soma, Lahaul & Spiti district, Himachal Pradesh.Under the awarded contract, ITI will build a full-fledged Ice-Hockey Rink along with a 500-kW solar power backup system, as well as install CCTV cameras, lighting and other associated accessories, ensuring a high-quality facility suitable for both players and spectators. This project is part of the broader effort to develop world-class sports infrastructure in the remote high-altitude region of Spiti Valley which will complement ongoing initiatives under the High-Altitude Sports Training Centre scheme. With this investment, local administration aims to boost sports opportunities, promote youth engagement, and develop sports tourism in Lahaul & Spiti district, which is situated at high altitude of approx. 12,000 ft. Powered by Capital Market - Live News

Net Loss of ITI reported to Rs 54.36 crore in the quarter ended September 2025 as against net loss of Rs 70.33 crore during the previous quarter ended September 2024. Sales declined 46.53% to Rs 543.40 crore in the quarter ended September 2025 as against Rs 1016.20 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales543.401016.20 -47 OPM %-0.24-0.87 - PBDT-39.50-55.69 29 PBT-52.65-69.42 24 NP-54.36-70.33 23 Powered by Capital Market - Live News

 ITI has joined hands with the Government of Kerala to launch the upgraded version of its online auto and cab booking platform, Kerala Savaari 2.0. Kerala Savaari has already been made fully operational in Thiruvananthapuram and Kochi cities. Kerala Savaari will become a multi-modal transport system app by December 2025. This system, which will integrate metro, water metro, metro feeder buses, autos and cabs, will be a model for the whole of India. The scheme will be extended to other districts and cities soon after its full-fledged operation in Thiruvananthapuram and Kochi cities. The Kerala Motor Workers Welfare Fund Board (KMWWFB), under the Labour Department, in association with the Government of Kerala, Police Department, Transport, IT, Planning Board and other departments is implementing the project. Unlike other online platforms, Kerala Savaari works on a subscription mode. This system of fixed subscription rates by the government ensures higher income for the drivers. The trial runs were satisfactorily conducted in Thiruvananthapuram and Kochi cities from April 2025. The project has already onboarded 23,000 drivers, conducted 3,60,000 trips and has earned Rs. 9.36 crore revenue by drivers with an average of 1200 daily trips in Thiruvananthapuram and Kochi cities.Powered by Capital Market - Live News

ITI will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live News