ITI shares surged more than 2% to Rs 308.45 in early trading on August 29 after the company received an order from the State Election Commission of West Bengal.

ITI has received its first Electronic Voting Machine (EVM) order from the State Election Commission (SEC) of West Bengal for the supply of 500 sets of EVMs following a successful demonstration to the SEC at Kolkata.

ITI designed and developed the indigenous Multi Post EVM as per the requirements finalized by the SEC/Technical Evaluation Committee, which was authorized by the standing committee of State Election Commissioners. This Multi Post EVMs can be used to hold local body elections at Gram Panchayats, Municipalities, Corporations and other organizations where democratic elections are required.

As of 12:52 pm, ITI shares were trading 2.29% higher at Rs 306.55 on the NSE

 

TOPICS: ITI Share Market