ITL Industries: Board Meeting Outcome for Submission Of Outcome Of Board Meeting Of The Company

inter alia considered and approved the following business:1. Took note of the resignation of Mrs. Pratibha Kothari Chartered Accountant as the Internal Auditor of the Company. 2. Approved the appointment of Aditya Jakhetia & Associates an Indore-based proprietorship firm of Chartered Accountants as the Internal Auditor of the Company for the remaining period of the Financial Year 2025-26 (i.e. for March 2026) and for the Financial Year 2026-27.3. Approved the disinvestment of the Companys entire shareholding in its non-material subsidiary M.M. Metals Private Limited by way of execution of a Share Sale Agreement along with approval of the definitive agreement in this regard. ITL Industries Limited presently holds 30 480 (Thirty Thousand Four Hundred Eighty) equity shares representing 52.55% of the issued subscribed and paid-up equity share capital of M.M. Metals Private Limited.4. Considered and approved other routine business matters.