we are submitting herewith out come of the 37th AGM of the Company.
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ITL Industries held its 37th AGM on September 30, 2025, at its registered office in Indore from 11:00 AM to 12:15 PM. All eight resolutions put before members were passed with the requisite majority. These included adoption of audited financial statements for FY ended March 31, 2025, and declaration of a dividend of Rs. 1 per equity share for FY 2024-25. Mr. Mahendra Jain (DIN: 00256047) was re-appointed as a director upon retirement by rotation. Shareholders also approved the ratification of cost auditors' remuneration, appointment of the secretarial auditor, a special resolution allowing the company to borrow in excess of paid-up capital and free reserves, board authorization for disposal of a subsidiary/undertaking, and material related party transactions.
Routine AGM outcomes; the Rs. 1 per share dividend is modest and signals stable cash flows. The borrowing and subsidiary disposal authorizations give the board flexibility for future capital raising and restructuring, which shareholders should monitor for follow-up action.