In compliance with the requirements of SEBI (LODR) Regulations, 2015, we are enclosing herewith a Notice of 31st AGM of the Company scheduled to be held on Saturday, September 13, 2025 ....
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IITL Projects Ltd has issued the notice for its 31st AGM, scheduled for Saturday, September 13, 2025 at 12:00 noon IST, to be held via video conferencing (VC/OAVM). Three resolutions are on the agenda: (1) adoption of the audited financial statements for FY ending March 31, 2025, (2) re-appointment of Mr. Bipin Agarwal (DIN: 00001276) as Director, who retires by rotation, and (3) a special resolution to appoint Ms. Harshida J. Parikh (currently Company Secretary) additionally as Manager of the Company for 3 years (Aug 6, 2025 to Aug 5, 2028) at Rs. 85,000 per month with up to 25% annual increment. The explanatory statement discloses FY2024-25 total revenue of Rs. 2.35 crore (down from Rs. 5.82 crore in FY2023-24) but a net profit after tax of Rs. 31.47 crore, and notes ongoing challenges in the real estate/NCR sector. E-voting will run from September 10 to September 12, 2025, with the cut-off date being September 6, 2025; the register of members will be closed from September 6 to September 13, 2025.
This is a routine regulatory AGM notice filing with no immediate price-moving action expected. Shareholders should note the book-closure period (Sept 6-13) during which no share transfers will be processed, and the e-voting window to participate remotely. The additional Manager appointment combines with the existing Company Secretary role, and the revenue decline flagged in the explanatory statement highlights continued real estate sector headwinds, though profitability has improved year-on-year.