Investment Trust of India reclassifies ITI Gold Loans to associate company status
Effective November 29, 2025, ITI Gold Loans Limited (IGLL) will cease to be a subsidiary of The Investment Trust of India Limited, becoming an associate company instead. This reclassification follows IGLL undertaking a fund-raising exercise through the issuance of equity shares, in which The Investment Trust of India Limited did not participate.
The decision aligns with earlier approvals by The Investment Trust of India Limited's board of directors on July 25, 2025, and shareholders on August 25, 2025. The change in classification is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), specifically Regulation 24(5), 24(6), and Regulation 30, as well as relevant accounting standards.
This disclosure, made under SEBI regulations, aims to ensure transparency regarding the change in IGLL's status within the company's records. Stakeholders are advised to note this reclassification.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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