ITI (ITI) — Announcement

📢 Key Event
ITI launches land auction via NLMC RFP

💡 Investor Takeaway
The auction may generate capital gains and improve the company's valuation through asset monetization.

ITI Limited announced that National Land Monetization Corporation issued an RFP for e-auction of 44.03 acres of land in Krishnarajapuram, Bengaluru, with a reserve price of ₹1685.40 crores. The auction details will be posted on the company website under the Tender tab. This strategic asset monetization could unlock significant value for shareholders.

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About ITI Limited (ITI)

Capital Goods · Aerospace & Defence · Listed on NSE

Market Cap: ₹25,294.12 Cr P/E: 95.9 ROE: 20.7% ROCE: 16.4%

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🔥 Also filed on 19 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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