ITL Industries Ltd: Members Approve Remuneration Increase for Directors' Relatives

ITL Industries Ltd announced that its members have approved an increase in remuneration for four key managerial personnel: Mr. Ravish Jain, Mr. Prakhar Jain, Mr. Manish Jain, and Mr. Shekhar Jain. These individuals are relatives of the company's directors. The approvals, granted at the 38th Annual General Meeting (AGM), will see their monthly remuneration limits increase from ₹5,00,000 to ₹7,00,000, excluding performance incentives. The revised remuneration is effective from April 1, 2026, and is attributed to their increased responsibilities, performance, and contributions in areas such as R&D, Business Development, Operations, and Sales & Marketing.