ITL Industries sets Sept 15 record date for ₹1.25 dividend

What ITL Industries has announced

ITL Industries Limited has fixed September 15, 2026 as the record date to determine which shareholders will be eligible for a proposed dividend for the financial year 2025-26. The company has proposed a dividend of ₹1.25 per equity share with a face value of ₹10 each. In its disclosure, ITL Industries also outlined remote e-voting arrangements ahead of its Annual General Meeting (AGM), where shareholders will vote on the dividend and other resolutions. The company said the dividend will be paid only after members approve it at the AGM. The update matters for shareholders tracking eligibility timelines and for investors watching corporate actions around the ex-dividend and record date window.

Dividend details: amount, face value, payout ratio

The proposed dividend is ₹1.25 per equity share of face value ₹10. ITL Industries stated that this represents a payout ratio of 12.5%. The proposal remains subject to shareholder approval at the forthcoming AGM. The company’s filing also links dividend eligibility to the record date, meaning shareholders holding shares on the specified date would qualify for entitlement if the dividend is approved. Separately, the company’s upcoming events list includes an “Ex-dividend date - 1.25 INR” on September 15, 2026.

AGM schedule and venue

ITL Industries has scheduled its AGM for Tuesday, September 22, 2026 at 11:00 am. The meeting is set to be held at the company’s registered office in Indore at 111, Sector-B, Sanwer Road, Industrial Area, Indore-452015. In the materials provided, the meeting is described as the company’s 38th AGM. A separate regulatory disclosure for remote e-voting also references the AGM on the same date, time, and venue, but describes it as the 35th AGM, indicating a numbering inconsistency across documents while the event details remain aligned.

Remote e-voting: cut-off date, window, and platform

ITL Industries said it is providing remote e-voting through Central Depository Services (India) Limited (CDSL). The company set September 15, 2026 as the cut-off date for determining eligibility to vote electronically. In its key dates table, ITL Industries listed the e-voting start as September 18, 2026 at 9:00 am and end as September 21, 2026 at 5:00 pm. In another section of the disclosure text, the voting start date is stated as September 15, 2026 from 9:00 am, with the same end date and time of September 21, 2026 at 5:00 pm. Investors typically rely on the final AGM notice and e-voting instructions for the operational window, so the discrepancy is a detail shareholders may verify through the official communication sent by the company and CDSL.

Scrutinizer and compliance disclosure details

The company appointed I G & Associates (also referenced as IG & Associates), practicing company secretaries, as the scrutinizer for the e-voting process and the AGM. The disclosure was filed under Section 108 of the Companies Act, 2013 read with relevant rules, and in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was digitally signed by Manoj Maheshwari, Company Secretary, on August 13, 2026.

Key dates at a glance

Trading window closure for Q1FY27 results

Separately, ITL Industries said it closed its trading window from July 1, 2026. The trading restriction will remain in place until 48 hours after the company declares its unaudited financial results for the quarter ended June 30, 2026. The company stated that the restriction applies to promoters, directors, key managerial personnel (KMPs), designated employees, and connected persons, including auditors, in line with SEBI regulations. This type of closure is a standard compliance measure during sensitive financial reporting periods.

Board meeting agenda tied to disclosures

ITL Industries also indicated that a Board meeting was scheduled on August 13, 2026 to consider and approve the standalone unaudited financial results for the quarter ended June 30, 2026 along with the limited review report. The agenda also included correcting the registered office address to rectify a clerical or typographical error without any change in location. Other items listed for consideration included adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA), subject to members’ approval. The company also planned to approve re-appointment of the cost auditor for FY 2026-27. In addition, it proposed enhancement of the remuneration ceiling for Mr. Ravish Jain, Mr. Prakhar Jain, Mr. Manish Jain, and Mr. Shekhar Jain, subject to members’ approval, and to recommend material related party transactions, again subject to members’ approval.

Company leadership and contact details in filings

The disclosures list senior leadership including Mahendra Singh Jain and Rajendra Singh Jain as Chief Executive Officers, with their appointment dates shown as January 31, 1993. Rajendra Singh Jain is also listed as Chairman, and Mahendra Singh Jain as Director/Board Member, with the same since date. Manoj Maheshwari is listed as Company Secretary and Compliance Officer, and Rajendra Jain is listed as Managing Director. The company’s registered office address is shown as 111, Industrial Area / 111, Sector-B, Sanwer Road, Industrial Area, Indore 452015, with telephone number +91 73 1710 4400 (also listed as 0731-7104400) and website http://www.itl.co.in.

Market and shareholder relevance: what changes and what does not

For shareholders, the practical implication is that September 15, 2026 is the key date for dividend entitlement, subject to approval at the AGM. The AGM vote and remote e-voting window determine how shareholders can participate in approving the dividend and other resolutions. The trading window closure is relevant for insiders and connected persons rather than public shareholders, but it signals the company is in a results-related compliance period. The disclosures also indicate that the company has procedural items for shareholder approval, including MOA/AOA adoption and certain remuneration and related party transaction matters.

Other recent updates noted in the information

The provided information also references a market update stating ITL Industries’ Q1 results showed net profit up 31% year-on-year to ₹3.00 crore. Separately, the company has received the Star Performer Award for 2023-24 in the Machine Tools Medium Enterprise category from the Engineering Export Promotion Council (EEPC) of India, as per the note dated September 25.

Conclusion

ITL Industries has set September 15, 2026 as the record date for its proposed ₹1.25 per share dividend, with shareholder approval scheduled at the AGM on September 22, 2026 in Indore. The company has also laid out remote e-voting arrangements through CDSL, with I G & Associates appointed as scrutinizer, and confirmed that dividend payment will follow only after formal ratification at the meeting.