Disclosure of material issue

The Investment Trust of India Ltd. (TITIL) Board approved the financial results for the quarter and year ended March 31, 2026. Auditors issued an unmodified opinion, a positive signal on financial reporting quality. **FY26 Consolidated Financial Highlights:** * Net Profit: ₹34.71 Cr, a dip from ₹45.92 Cr in FY25. * EPS: ₹5.76, down from ₹8.14 in FY25. * Positive operating cash flow: ₹119.10 Cr inflow vs. ₹168.38 Cr outflow in FY25, a strong turnaround. * Total Assets: ₹998.10 Cr, a significant decrease from ₹1542.34 Cr in FY25. **FY26 Standalone Financial Highlights:** * Net Loss: ₹(1.62) Cr, a shift from a profit of ₹1.66 Cr in FY25. **Key Corporate Restructuring Updates:** 1. **Amalgamation Approved:** TITIL is merging four wholly-owned subsidiaries (ITI Gilts, ITI Wealth Management, ITI Alternate Funds Management, Fortune Management Advisors) into the parent company. * **Issue & Rationale:** This aims to simplify the corporate structure, create synergies, reduce costs, and strengthen the balance sheet.

One subsidiary (ITI Wealth Management) had negative net worth, so this also consolidates that. * **Investor Impact:** Expected to enhance operational efficiency and financial strength.

No new shares will be issued by TITIL, so there's no shareholding dilution.

2. **Demerger Scheme Discontinued:** The previously proposed demerger of its Non-lending Business Undertaking into Distress Asset Specialist Limited (DASL) will not proceed. * **Investor Impact:** This decision removes prior uncertainty surrounding that specific restructuring plan. **Other Significant Developments:** * **ITI Gold Loans Status Change:** TITIL's shareholding was diluted, leading to a loss of control of ITI Gold Loans Ltd. It's now an associate company.

This change resulted in a one-time gain of ₹1.07 Cr.

Comparisons with prior periods may be complex due to this reclassification. * **Labour Code Expense:** A ₹2.28 Cr expense was recognized in FY26 consolidated results due to the implementation of new Labour Codes. #TITIL #Financials #CorporateActions #InvestorUpdate #Amalgamation #DemergerUpdate