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Shri R. M. Agarwal takes additional charge as Chairman & Managing Director of ITI Limited

Posted On: 2019-10-03 09:28:25

Pursuant to the order of Ministry of Communications, Department of Telecommunications, Shri R. M. Agarwal, Director- Marketing, ITI Limitedhas taken additional charge as Chairman & Managing Director of the company w.e.fOctober 1, 2019 following the retirement of Shri K.Alagesan, Director-Production with Additional Charge of CMD.

Shri Rakesh Mohan Agarwal has joined the Board of Directors of the company on June 08, 2016 as Government Nominee Director. He has been appointed as Director (Marketing), ITI Limited and assumed charge on April 27, 2018. He has over 28 years of experience in the field of policy formulation, standardization planning, operation and maintenance of telecom services.

He holds a bachelors degree of engineering in electronics from Madan Mohan Malviya Engineering College, Gorakpur, and a master's degree in electronics and communications engineering from Universityof Roorkee and a master's in business administration from Indira Gandhi Open University.

Shares of ITI LTD. was last trading in BSE at Rs.80.2 as compared to the previous close of Rs. 82.05. The total number of shares traded during the day was 68455 in over 1077 trades.

The stock hit an intraday high of Rs. 83.5 and intraday low of 79.5. The net turnover during the day was Rs. 5563176.


Source: Equity Bulls

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