Intimation for withdrawal of Closure of Trading Window - Further to intimation dated 27.05.2026 regarding closure of trading window for dealing in securities of the Company pursuant to SEBI(PIT) Regulations, 2015 and the Company's Code of conduct for prohibition of Insider trading in its securities, the Company had intimated that the Trading window will be closed for all Connected / Designated persons of the Company w.e.f. start of trading hours of 28.05.2026, extending until the conclusion of 30.06.2026. We hereby inform you that the Company has decided to discontinue with the ongoing assessments within the Company, concerning a potential corporate initiative. Accordingly, the Closure of Trading Window for dealing in the securities of the Company no longer exist. Hence, the Trading Window for dealing in the securities of the Company shall remain open for all designated persons and their immediate relatives with immediate effect.
Intimation of Closure of Trading Window
Please find enclosed copies of Newspaper Advertisement of the Audited Standalone Financial Results of the Company for the quarter and Financial year ended March 31, 2026, published in The Free Press Journal (English) and Navshakti (Marathi) newspapers on May 24, 2026.
Company proposes to enter into new line of business
Reappointment of Internal Auditors of the Company for the Financial year 2026-2027
Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, please find attached Annual Audited Standalone Financial Results for the Quarter and Financial Year Ended March 31, 2026
This is to inform you that the Board of Directors of IITL Projects Limited at its meeting held today i.e. Friday, May 22, 2026, has inter alia considered and approved the following: 1. Annual Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. 2. Re-appointment of M/s. Sheetal Patankar & Co., Chartered Accountants as the Internal Auditor of the Company for the Financial Year 2026-2027. 3. Proposed entering into a new line of business in the areas of brokerage services, construction consultancy and project management services.
Pursuant to Regulation 29 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, May 22, 2026, inter-alia, to consider and approve the Audited Standalone Financial Results of the Company for the quarter and financial year ended March 31, 2026.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyIITL Projects Ltd 2CIN NO.L01110MH1994PLC082421 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Ms Harshida J Parikh Designation: Manager and Company Secretary EmailId: harshida@iitlgroup.com Name of the Chief Financial Officer: Mr Gorakh Ingale Designation: Chief Financial Officer EmailId: cfo@iitlgroup.com Date: 24/04/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyIITL Projects Ltd 2CIN NO.L01110MH1994PLC082421 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Ms Harshida J Parikh Designation: Manager and Company Secretary EmailId: harshida@iitlgroup.com Name of the Chief Financial Officer: Mr Gorakh Ingale Designation: Chief Financial Officer EmailId: cfo@iitlgroup.com Date: 24/04/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
| Particulars | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 0.68 | 0.58 | 0.81 | 0.50 | 0.00 | 0.00 | -0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| YOY Revenue Growth % | 323.62% | 48.69% | 7.3% | 18.31% | -100% | -100% | -136.52% | -100% | - | - | - | - |
| Other Income | 0.06 | 0.41 | 0.72 | 0.52 | 0.50 | 0.57 | 0.56 | 0.48 | 0.44 | 0.43 | 0.46 | 0.44 |
| Total Income | 0.75 | 1.00 | 1.53 | 1.02 | 0.50 | 0.57 | 0.26 | 0.48 | 0.44 | 0.43 | 0.46 | 0.44 |
| Total Expenses + | 2.51 | -0.98 | 0.42 | 2.07 | 1.79 | 1.77 | -0.06 | 0.23 | 0.12 | -0.28 | 0.20 | 4.15 |
| Cost of Materials Consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee Benefit Expense | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 |
| Other Expenses | 0.42 | -2.85 | -1.61 | 0.11 | 0.14 | 0.12 | 0.19 | 0.19 | 0.09 | -0.31 | 0.17 | 4.12 |
| Operating Profit | -1.82 | 1.57 | 0.40 | -1.56 | -1.79 | -1.77 | -0.24 | -0.23 | -0.12 | 0.28 | -0.20 | -4.15 |
| OPM % | -266.9% | 269.5% | 48.6% | -310.1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Profit Before Tax + | -1.76 | 20.94 | 2.45 | -1.05 | -1.29 | -1.20 | 35.39 | 0.25 | 0.32 | 0.72 | 0.26 | -3.70 |
| Tax Expense | 0.00 | 0.00 | -2.46 | 0.00 | 0.00 | 0.01 | 0.37 | 0.06 | 0.08 | 0.08 | 0.07 | 0.09 |
| Tax % | - | -0% | -100.7% | - | - | - | 1.1% | 26.2% | 25.4% | 11.2% | 25.3% | - |
| Profit After Tax | -1.76 | 20.95 | 4.91 | -1.05 | -1.29 | -1.21 | 35.02 | 0.18 | 0.24 | 0.64 | 0.19 | -3.79 |
| EPS (Basic) | -3.52 | 41.97 | 9.84 | -2.10 | -2.59 | -2.42 | 70.16 | 0.36 | 0.48 | 1.27 | 0.39 | -7.60 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 0.00 | 0.21 | 2.50 | 1.43 | 1.23 | 0.44 |
| YOY Revenue Growth % | -100% | -91.73% | 75.2% | 16.46% | 179.84% | - |
| Other Income | 1.81 | 2.14 | 1.24 | 0.06 | 0.00 | 0.00 |
| Total Income | 1.81 | 2.35 | 3.74 | 1.49 | 1.23 | 0.44 |
| Total Expenses + | 0.66 | 5.57 | 3.61 | 4.47 | -9.46 | 17.15 |
| Cost of Materials Consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 |
| Employee Benefit Expense | 0.12 | 0.16 | 0.14 | 0.10 | 0.14 | 0.04 |
| Other Expenses | 0.54 | 0.56 | -4.19 | -1.85 | -15.35 | 12.41 |
| Operating Profit | -0.66 | -5.36 | -1.10 | -3.05 | 10.68 | -16.71 |
| OPM % | 0% | -2588.1% | -44% | -213.1% | 870.8% | -3810.9% |
| Profit Before Exceptional | 1.15 | -3.22 | 0.14 | -2.99 | 10.69 | -16.71 |
| Exceptional Items | 0.40 | 35.07 | 20.30 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 1.55 | 31.85 | 20.43 | -2.99 | 10.69 | -16.71 |
| Tax Expense | 0.29 | 0.38 | -2.08 | 0.00 | 0.00 | 0.02 |
| Tax % | 19% | 1.2% | -10.2% | - | -0% | - |
| Profit After Tax | 1.25 | 31.47 | 22.51 | -2.99 | 10.69 | -16.72 |
| EPS (Basic) | 2.51 | 63.06 | 45.11 | -5.99 | 21.41 | -33.51 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 0.04 | 3.73 | 0.90 | 22.67 | 25.68 | 25.65 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 22.05 | 25.55 | 25.55 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 35.33 | 30.57 | 32.24 | 4.71 | 4.69 | 5.05 |
| Inventories | 0.60 | 0.60 | 0.64 | 2.48 | 3.40 | 4.33 |
| Trade Receivables | 0.00 | 0.00 | 0.17 | 0.24 | 0.75 | 0.40 |
| Cash and Cash Equivalents | 0.09 | 0.63 | 0.13 | 0.12 | 0.13 | 0.27 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | -0.23 | -1.48 | -32.95 | -55.47 | -52.48 | -63.17 |
| Equity Share Capital | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 |
| Other Equity | -5.24 | -6.49 | -37.96 | -60.47 | -57.49 | -68.17 |
| Non-Current Liabilities | 35.00 | 0.00 | 46.61 | 59.45 | 54.16 | 49.34 |
| Current Liabilities | 0.59 | 35.78 | 19.47 | 23.40 | 28.70 | 44.53 |
| Total Liabilities | 35.59 | 35.78 | 66.09 | 82.85 | 82.86 | 93.86 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | -1.90 | -1.57 | -27.44 | -0.03 | -0.13 | -0.76 |
| Cash from Investing Activities | 1.36 | 2.07 | 27.45 | 0.02 | -0.01 | 1.00 |
| Cash from Financing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | -0.55 | 0.50 | 0.01 | -0.01 | -0.14 | 0.24 |