IITL Projects Ltd — Important, 09-01-2026: Company Update

The company's shareholders have approved a significant change following a postal ballot. The decision allows for a variation in the redemption terms of 70 lakh Zero% Non-Convertible Redeemable Preference Shares. These shares are currently held by the company's holding entity, IITL. This adjustment impacts the future repayment structure of these preference shares, potentially affecting the company's financial flexibility and capital management in relation to its parent company.