ITI Limited, the country's first PSU post-independence and a premier telecom manufacturing company has bagged its first Electronic Voting Machine (EVM) order from the State Election Commission (SEC) of West Bengal for the supply of 500 sets of Electronic Voting Machines after the successful demonstration to the SEC at Kolkata.
The indigenous Multi Post EVM was designed and developed by ITI Limited as per the specifications finalized by SEC/Technical Evaluation Committee, and was approved by standing committee of State Election Commissioners. This Multi Post EVMs can be used for conducting the local body elections at Gram Panchayats, Municipalities, Corporations, or at any institutions where democratic elections are needed. This EVM machine can also be used as a Single Post machine for meeting the requirements of Lok Sabha/Assembly elections.
The product will be manufactured at ITI Limited's factories complying to the technical specifications of Election Commission, and will be delivered on fast-track basis adhering to the quality norms and as per the commitments given to West Bengal SEC.
Commenting on the order win, Mr. Rajesh Rai, Chairman and Managing Director, ITI Limited, said, "ITI Limited is delighted to win its first ever order to manufacture EVMs for State Election Commission (SEC) of West Bengal and we would like to use this opportunity to res-establish ITI Limited as a technology manufacturer to reckon with as we will be joining the elite list of EVM manufacturers in India. ITI Limited is deeply honoured that the devices we will manufacture will empower and enrich the world's largest democracy, India by providing the EVMs for all kinds of democratic elections.
Mr. Rai added - ITI Limited is exploring the business prospects of EVMs with other SECs also so that we can offer our quality product by meeting the requirements on a pan India basis."
Shares of ITI Limited was last trading in BSE at Rs. 299.75 as compared to the previous close of Rs. 304.40. The total number of shares traded during the day was 32910 in over 1063 trades.
The stock hit an intraday high of Rs. 304.45 and intraday low of 298.10. The net turnover during the day was Rs. 9907381.00. |