ITL Industries Ltd. Company History and Annual Growth Details

The Company was incorporated originally as private limited company on 25.01.1989 in the state of Madhya Pradesh under the name of Indore Tools Private Limited. Subsequently it was converted into a public limited company on 1st February, 1993. The company started its operation on 1st October, 1992.

The Company is at present engaged in the manufacture of bandswa machines and otehr special purpose machines. The company has no subsidiaries.

The Company is promoted by Manohar Singh Jain, Madan Singh Jain, Vipin Kumar Kasat and Rakesh Baj.

During the year 1995-96 the name of the company has changed to I T L Industries Limited.

2005

-ITL Industries Ltd has recommended a dividend of Rs 1.00 per equity share (@ 10%).

2006

-ITL Industries Ltd has acquired Credit Rating as SE - 1B from India's leading rating, financial news, risk and policy advisory company CRISIL. CRISIL rating - SE 1B indicates "Highest Performance Capability & Moderate Financial Strength".

-ITL Industries Ltd has recommend Dividend at the rate of Rs 1/- per share.

2007

-ITL Industries Ltd has recommended a Dividend of Rs 1.00 per Equity Share @ 10%.

2008

-ITL Industries Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, has reappointed Mr. Rajendra Singh Jain as Managing Director and Mr. Mahendra Sing Jain as whole time director for a further period of 5 years w.e.f. February 01, 2008, on remuneration terms & conditions.

-ITL Industries Ltd has recommended a Dividend of Rs 1.00 per Equity Share @ 10%

-E-mail ID for Investors Complaints: manojtiwari@itl.co.in

-ITL Industries Ltd has received a bulk Order worth of Rs 54.93 Crores from M/s. Steel Authority of India Ltd (SAIL), the biggest single order in the Companys history for supply of Slitting Line and Tube Mill.

2009

-ITL Industries Ltd has recommended a Dividend of Rs. 1.00 per Equity Shares (@ 10%).

2011

-ITL Industries Ltd has recommended a Dividend of Rs. 1.00 per Equity Share @ 10%.

2012

-ITL Industries Ltd has recommended a Dividend of Rs. 1.00 per Equity Share @ 10%.

2013
- ITL Industries Ltd has recommended a Dividend of Rs. 0.50 per Equity Share (@ 5%)

2014
- ITL Industries Ltd has recommended a Dividend of Rs. 0.50 per Equity Share (@ 5%)

2015
- ITL Industries Ltd has recommended a Dividend of Rs. 0.50 per Equity Share (@ 5%)

2023
-ITL Industries Limited has been received Best MSME of State Award in MSME Summit 2023

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