NSEPress Release16 Jul 2026 · 16 Jul 2026, 12:24 pm

Press Release

ITI Limited · ITI

✦ AI Summary▲ PositiveOrder Win

ITI Limited has received a work order from BSNL worth Rs. 856.39 Crores for the expansion of 4G Mobile Network in West India. The scope of work includes planning, engineering, supply, installation, testing, and commissioning of 4G Mobile Network on a turnkey basis for 7613 sites in the West Zone.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

ITI Limited has informed the Exchange regarding a press release dated July 16, 2026, titled "ITI Limited Wins 4G Expansion Phase IX Order from BSNL Worth Rs. 856.39 Crores."

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ITI_16072026122417_SE_Intimation_Press_Release_Signed_.pdf

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Ref: K/953/NSE&BSE/26-27 Date: 16.07.2026 The Secretary The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai- 400 051 Scrip Code: 523610 Scrip Code: ITI Dear Sir/Madam, Sub: Press Release Ref: Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Please find enclosed herewith the Press Release dated 16th July 2026 titled “ITI Limited Wins 4G Expansion Phase IX Order from BSNL Worth Rs. 856.39 Crores” Thanking you Yours faithfully For ITI Limited Y Sathyan Company Secretary & Compliance Officer Encl: as above ITI Limited, Registered and Corporate Office, ITI Bhavan, Doorvaninagar, Bengaluru-560 016, India Phone: +(91) (80) 2561 4466, Fax: +(91) (80) 2561 7525, Website:www.itiltd.in CIN: L32202KA1950GoI000640, Email: cosecy_crp@itiltd.co.in July 16, 2026 PRESS RELEASE ITI Limited Wins 4G Expansion Phase IX Order from BSNL Worth Rs. 856.39 Crores Bengaluru: ITI Limited, country’s first PSU post-independence and premier telecom manufacturing company has recently received work order for expansion of 4G Mobile Network in West India from Bharat Sanchar Nigam Limited (BSNL) for total value of Rs 856.39 Crore. The scope of work includes Planning, Engineering, Supply, Installation, Testing and Commissioning of 4G Mobile Network on a turnkey basis for 7613 sites in the West Zone. As part of India’s Atmanirbhar telecom initiative, BSNL is implementing the prestigious project of indigenous 4G telecom equipment to achieve self- reliance in the telecom segment to fulfil domestic market needs. ITI Limited along with TCS as a consortium partner had successfully executed the turnkey project worth Rs 2640 Crores for provisioning 4G mobile network under Phase IX.2, for BSNL West Zone states that include Maharashtra, Goa, Gujarat, Chhattisgarh, Madhya Pradesh and Mumbai LSA. The project consisted of RF planning, engineering, supply, installation, testing, commissioning, integration and annual maintenance of the 4G mobile network at 23633 sites in the West Zone. On successful completion of this project, ITI Limited has now received a work order recently for expansion of 4G Mobile Network in BSNL West Zone including saturation sites (DBN funded) for supply, installation and commissioning of 7613 sites. The total value of the order amounts to Rs 856.39 Crores. Speaking on the occasion, Mr. Rajesh Rai, Chairman and Managing Director, ITI Limited said – “It is a very proud moment for ITI Limited as our prestigious client BSNL continues to repose great trust in ITI Limited’s execution capability by awarding work order to us. ITI Limited has steadfastly been executing and has proved to be an able ally in the country’s Atmanirbhar telecom initiatives.” ITI Limited is currently executing Bharatnet Phase III projects worth Rs. 7000 Cr for BSNL in Himachal Pradesh, West Bengal, Andaman & Nicobar, Arunachal Pradesh, Nagaland, and Manipur states. About ITI Limited ITI Limited, country’s premier telecom company and multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment. The company has state-of-art manufacturing facilities in six locations (Bengaluru, Naini, Raebareli, Mankapur, Srinagar and Palakkad) along with an in-house R&D centre in Bengaluru and marketing, sales & projects (MSP) offices spread across the country. The company offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment. Besides offering the latest telecom solutions and customized support to a variety of business, ITI Ltd has dedicated Network System Unit (NSU) for carrying out installation and commissioning of equipment and for undertaking turnkey projects. ITI Ltd is focused on manufacturing of diversified products in defense and railway sectors and the manufacturing of solar equipment, NGN products, GPON, LED lighting systems, optical products, along with other allied products like HDPE, OFC, smart cards, encryptors for defense, Wi-Fi etc. The company is also consolidating more of its diversifications into defense, IOT, E- governance, IT projects and services sector to gain competitive edge. The company is also successfully running state-of-art Data Centre at Bengaluru unit and offering its services to government institutions/departments, banks etc. To know more, please visit www.itiltd.in