ITL Industries Declares ₹1.25 Dividend at 38th AGM

ITL Industries Limited

ITL Industries Limited held its 38th Annual General Meeting (AGM) on September 22, 2026, at its Registered Office at 111, Sector-B, Sanwer Road, Industrial Area, Indore-452015. The meeting commenced at 11:00 AM and concluded at 12:15 PM. All resolutions presented to shareholders were approved based on the combined results of remote e-voting and voting at the AGM, as reported by the Scrutinizer.

Resolutions Approved

1. Ordinary Resolution: Receipt, consideration, and adoption of the Audited Financial Statements of the Company (including consolidated financial statements) for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. Result: Passed with Requisite Majority.

2. Ordinary Resolution: Declaration of a dividend of Rs. 1.25 per Equity Share for the financial year 2025-2026. Result: Passed with Requisite Majority.

3. Ordinary Resolution: Appointment of Mr. Mahendra Jain (DIN: 00256047) as a Director, who retired by rotation and offered himself for re-appointment. Result: Passed with Requisite Majority.

4. Special Resolution: Adoption of a New Set of Memorandum of Association. Result: Passed with Requisite Majority.

5. Special Resolution: Adoption of a New Set of Articles of Association. Result: Passed with Requisite Majority.

6. Ordinary Resolution: Approval for an increase in the remuneration of Mr. Ravish Jain, holding an office or place of profit in the Company. Result: Passed with Requisite Majority.

7. Ordinary Resolution: Approval for an increase in the remuneration of Mr. Prakhar Jain, holding an office or place of profit in the Company. Result: Passed with Requisite Majority.

8. Ordinary Resolution: Approval for an increase in the remuneration of Mr. Manish Jain, holding an office or place of profit in the Company. Result: Passed with Requisite Majority.

9. Ordinary Resolution: Approval for an increase in the remuneration of Mr. Shekhar Jain, holding an office or place of profit in the Company. Result: Passed with Requisite Majority.

The disclosure was signed by Mr. Manoj Maheshwari, Company Secretary (Membership No.: F-7878), on behalf of ITL Industries Limited.