JTL INDUSTRIES LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 23, 2025
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JTL Industries Limited has issued notice for its 34th Annual General Meeting on Tuesday, September 23, 2025 at 11:30 AM, to be held via video conferencing. Shareholders will consider adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and declaration of a final dividend of Rs. 0.125 per equity share (12.5% on Re. 1 face value), payable only to 'Public Category' shareholders, with record date September 12, 2025. Other items include re-appointment of Mr. Madan Mohan and Mr. Dhruv Singla as Directors retiring by rotation, re-appointment of Mr. Dhruv Singla and Mr. Pranav Singla as Whole-Time Directors for 5 years (Aug 2026 to Aug 2031) with monthly remuneration of Rs. 2–5 lakh, appointment of Mr. Jagdeep Kumar Goel as Non-Executive Director, and appointment of M/s S V Associates as Secretarial Auditors for a 5-year term until the 39th AGM in 2030. The meeting will also seek approval for the JTL Industries Employee Stock Option Scheme 2025, allowing up to 30 lakh stock options convertible into 30 lakh equity shares of Re. 1 face value for employees and directors including those of subsidiaries. Remote e-voting will be open from September 20 to September 22, 2025, with cut-off date for voting eligibility as September 16, 2025.
Dividend restricted to 'Public Category' shareholders only is unusual and signals promoters waiving their entitlement, which is generally viewed positively by retail investors. Approval of the ESOP 2025 could lead to potential dilution of up to 30 lakh equity shares in the future. Multiple management re-appointments indicate leadership continuity ahead of the next term beginning August 2026.