Meeting Details

The 32nd Annual General Meeting of IITL Projects Limited was held on Thursday, September 17, 2026 at 12:00 noon (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was convened in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI).

Attendance

Dr. Bidhubhusan Samal (DIN: 00007256) chaired the meeting. All Directors of the Company attended, along with the Chief Financial Officer and Manager & Company Secretary. The Chairpersons of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were present through VC. Statutory Auditors, Secretarial Auditor, and Scrutinizer were also present through Video Conference.

Voting Arrangements

The Company tied up with Central Depository Services (India) Limited (CDSL) to provide facilities for remote e-voting, e-voting during the AGM, and participation through VC/OAVM. Remote e-voting was available from Monday, September 14, 2026 (9:00 a.m. IST) to Wednesday, September 16, 2026 (5:00 p.m. IST). Ms. Chandanbala O. Mehta, Practicing Company Secretary (Membership No.: 6122; CP No.: 6400), was appointed as Scrutinizer to scrutinize the voting process.

Business Transacted

The following ordinary business items from the meeting notice were addressed:

  • Item 1: Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)
  • Item 2: Appointment of a Director in place of Dr. Bidhubhusan Samal (DIN: 00007256), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment (Ordinary Resolution)

Chairman's Address

Dr. Bidhubhusan Samal briefed Members on challenges faced by the global and Indian economy, including the real estate sector, and provided an update on the Company's performance and opportunities explored during financial year 2025-26.

Member Interaction

Registered speakers were given opportunity to ask questions and express views, with the Chairman responding to their queries satisfactorily.

Voting Results Timeline

The Chairman informed that results would be declared within 2 (two) working days from conclusion of the AGM, based on the Scrutinizer's Report after considering votes cast through remote e-voting and e-voting at the AGM. Results will be displayed on the Company's website and CDSL's website after intimation to the Stock Exchange.

Meeting Duration and Conclusion

The e-voting facility remained open for 15 minutes post conclusion of the AGM for Members who had not exercised their votes through remote e-voting. The AGM concluded at 12:41 p.m. The quorum was present throughout the meeting.

Additional Filing

The voting results in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be communicated separately to the Stock Exchange upon declaration of the results.