ITI Limited has confirmed the extension of the additional charge for the post of Director (HR). This extension has been granted to Shri Rajesh Rai, Chairman and Managing Director, for a further period of one year effective from 28.05.2026. This follows prior communication from the Ministry of Communications, Government of India, and the approval by the Appointments Committee of the Cabinet (ACC). Shri Rajesh Rai will not receive any additional remuneration during this extended period.
Official Announcement on HR Director Role
ITI Limited has officially announced the extension of the additional charge for the critical position of Director (HR). This decision, following a previous communication dated 28.05.2026, signifies continued trust in the current leadership for managing human resources.
Extension Details and Duration
The Ministry of Communications, Government of India, through its order dated 27.05.2026, had initially entrusted the additional charge of the Director (HR) post to Shri Rajesh Rai. This extension is for a period of three months, commencing from 28.05.2026. Subsequently, a further order from the Ministry of Communications, dated 12.06.2026, conveyed that the Appointments Committee of the Cabinet (ACC) has approved an extension for a period of one year. This extended tenure will be effective from 28.05.2026, or until further orders are issued, whichever is sooner.
Key Personnel and Terms
Shri Rajesh Rai, who currently holds the positions of Chairman and Managing Director of ITI Limited, will continue to serve in this additional capacity. It is explicitly stated that during this period of holding the additional charge, Shri Rajesh Rai will not be entitled to any additional remuneration. This arrangement ensures continuity in leadership for the HR department while managing departmental responsibilities efficiently.
Official Confirmation for Stakeholders
This official notification serves to inform both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of these developments. The information is being shared for the kind information and records of the stock exchanges and other relevant stakeholders. The company has provided the necessary scrip codes for both BSE (523610) and NSE (ITI) for reference.
Source: BSE
