The Company was originally incorporated as Indian Telephone Industries Private Limited on January 25, 1950 at Bengaluru,Karnataka, India as a private limited company under the Mysore Companies Act, XVIII of 1938. Subsequently, the name of our Company was changed to Indian Telephone Industries Limited pursuant to a notification no. G.S.R 1234 dated December 30, 1958 issued by the Ministry of Commerce and Industry. Our Company became a deemed public limited company under Section 43A (1A) of the Companies Act, 1956 with effect from July 1, 1975. Thereafter, the name of our Company was changed from Indian Telephone Industries Limited to its present name, ITI Limited, and a fresh certificate consequent upon change of name dated January 24, 1994 was issued by the RoC.     2017 -State-run IT and telecom product maker ITI Ltd today said its board has approved conversion of Rs 100 crore capital grant, received from the government under a revival scheme, into 10 crore equity shares. The shares have been allotted to the President of Indiain lieu of the amount received by the company from the government for revival. 2018 -ITI Limited Conferred with National Safety Awards: ITI Limited, Raebareli and Bangalore Plant have won the prestigious National Safety Award in three categories for the performance year 2016. ITI Limited, Bangalore Plant, Karnataka received the certificate of National Safety Award as winner for excellent performance in Industrial Safety based on Accident Free Year. The Rae Bareli Plant (U.P.) of ITI Limited conferred the award for outstanding performance in Industrial Safety as runner up in achieving Lowest Average Frequency Rate and in achieving Accident Free Year. The award was presented by Honorable Minister of State for Labour & Employment (Independent Charge), Government of India, Shri Santosh Kumar Gangwar to Shri K Alagesan, Chairman & Managing Director, ITI Limited in the presence of Shri Heeralal Samariya, Secretary, Minister of Labour & Employment, Government of India on 17th September 2018. 2020 -'ITI Limited signs contract with Defense to implement Rs 7796 Crore ASCON Phase-IV project'. The same will also be available on the Company website https://www.itiltd.in/ This is for your kind information and records please. -ITI withdraws Rs 1,400 crore FPO after extending issue deadline twice After extending its issue deadline twice, state-owned ITI on Wednesday withdrew its follow-on public offer citing "prevailing market conditions". 2021 - ITI Limited signs MoU with Motilal Nehru National Institute of Technology, Allahabad for Technology Collaboration. 2022 -ITI Limited signs MoU with CDOT for Technology Transfer of 4G Technologies. 2023 - ITI Limited Develops Branded Laptop & Micro PC `SMAASH' with International Standards. -ITI Limited bags Rs. 3889 Crores Advance Purchase Order from BSNL. -ITI Limited signs Tripartite MoU with TCIL and CDOT to Synergize R&D Initiatives. - ITI Limited bags Rs. 25 Crores worth Laptop Orders from Kerala Infrastructure and Technology for Education. 2024 -ITI Limited Emerges as the Lowest Bidder (L1) for Three Packages of BharatNet Phase-3 Project for a Total Value of Rs. 4559 Crores. -ITI Limited-Led Consortium Emerges as L1 for Rs. 3022 Crore BharatNet Project for Middle Mile Network.