we are enclosing herewith Notice of 37th Annual General Meeting of the Company will be held on Tuesday, the 30th September, 2025 at 11:00 A.M. at the registered office of the Company.
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ITL Industries has notified its 37th AGM to be held on 30th September 2025 at 11:00 A.M. at its registered office in Indore. Shareholders will consider adoption of audited financial statements for FY ended 31st March 2025 and declaration of a dividend of Rs. 1 per equity share for FY 2024-25. The meeting also seeks approval for director re-appointment (Mr. Mahendra Jain), ratification of cost auditor remuneration (Rs. 25,000 for Yash & Associates), and appointment of a new secretarial auditor (IG & Associates) for a 5-year term from FY 2025-26 to 2029-30. Three special resolutions include raising the borrowing limit to Rs. 125 Crores (superseding the 2014 limit), giving the board authority to dispose of subsidiary/undertaking, and approving material related party transactions for five years from April 1, 2025.
Shareholders will receive a Rs. 1 per share dividend if approved, providing a small return alongside the annual results. The expanded Rs. 125 Crore borrowing limit and pre-approved related party transaction framework give the board significant operational flexibility, which may support growth or expansion plans but also reduces the need for fresh shareholder approvals on future deals.