ITI Limited has announced that Shri Prasad Barre, the company’s General Manager – Corporate Finance and Chief Financial Officer, has stepped down from his role. His resignation was driven by personal reasons and became effective from the close of business on April 30, 2026. Consequently, he has ceased to serve as a Key Managerial Personnel for the organization.
Leadership Change at ITI Limited
The management of ITI Limited has formally confirmed the departure of its Chief Financial Officer, Shri Prasad Barre. Serving in the dual capacity of General Manager – Corporate Finance and CFO, Shri Barre decided to resign from the company citing personal grounds. This transition marks a significant change in the organization’s executive leadership team.
Effective Date of Departure
According to the official announcement, the resignation was accepted and processed with the company releasing Shri Barre from his duties as of the close of business hours on April 30, 2026. With this departure, he no longer holds the designation of a Key Managerial Personnel within the firm. The company has acknowledged the completion of his tenure, and no further details regarding a successor have been provided at this stage.
Source: BSE
