32nd Annual Report along with Notice of Annual General Meeting (AGM) as per Regulation 34(1)(a) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015

Date: August 25, 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. BSE Scrip Code: 531968 Sub.: Submission of 32nd Annual Report along with Notice of Annual General Meeting (AGM) as per Regulation 34(1)(a) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 Sir/Madam, Pursuant to Regulation 34(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the 32nd Annual Report for the Financial Year ended March 31, 2026 along with Notice of 32nd Annual General Meeting (“AGM”) of the Company scheduled to be held on Thursday, September 17, 2026, at 12:00 noon (IST), through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). The Notice of 32nd AGM and Annual Report for the Financial Year 2025-2026 is also available on the website of the Company i.e. www.iitlprojects.com You are requested to take the same on your record. Yours faithfully, For IITL Projects Limited Ms. Harshida J. Parikh Manager & Company Secretary Encl: as above Regd. Office: Office No. 101A. The Capital, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Phone: (+91) 22-43250100, E-mail: iitlprojects@iitlgroup.com, Web: www.iitlprojects.com CIN: L01110MH1994PLC082421 ANNUAL REPORT 2025-26 IITL PROJECTS LIMITED www.iitlprojects.com IITL PROJECTS LIMITED Annual Report 2025-2026 32nd Annual General Meeting Thursday, September 17, 2026 at 12:00 noon through Video Conferencing (VC) / Other Audio Visual Means (OAVM) Contents Page No Board of Directors 1 Notice of the Annual General Meeting 2-9 Directors’ Report 10-22 Management Discussion and Analysis Report 23-26 Auditors’ Report of Standalone Financial Statements 27-34 Standalone Financial Statements 35-72 Investor Helpdesk Corporate Identity Number (CIN) : L01110MH1994PLC082421 Telephone : 022 43250100 Email : iitlprojects@iitlgroup.com Website : http://iitlprojects.com The Annual Report can be accessed at www.iitlprojects.com IITL PROJECTS LIMITED Annual Report 2025-2026 IITL PROJECTS LIMITED CIN: L01110MH1994PLC082421 Board of Directors : Dr. Bidhubhusan Samal - Chairman Mr. Bipin Agarwal Mrs. Sujata Chattopadhyay Mr. Shriram Surajmal Khandelwal Mr. Shankar Narayan Mokashi Manager : Ms. Harshida J. Parikh (appointed w.e.f. August 06, 2025) Chief Financial Officer : Mr. Gorakh Ingale (appointed w.e.f. November 12, 2025) Company Secretary & : Ms. Harshida J. Parikh (appointed w.e.f. August 06, 2025) Compliance Officer Bankers : Axis Bank Limited Statutory Auditors : Maharaj N R Suresh and Co. LLP Chartered Accountants Firm Registration No. 001931S / S000020 Secretarial Auditor : CS Payal Vyas Peer reviewed Practicing Company Secretary Registrar & Share : Purva Sharegistry (India) Private Limited Transfer Agents 9, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Lower Parel (East), Mumbai - 400011. Tel: 022 2301 2518 Email address: support@purvashare.com Website: www.purvashare.com CIN: U67120MH1993PTC074079 Registered Office : Office No 101A, “The Capital”, G-Block, Plot No C-70, Bandra Kurla Complex, Bandra East, Mumbai - 400051. Tel: 022 43250100 Email address: iitlprojects@iitlgroup.com Website: www.iitlprojects.com IITL PROJECTS LIMITED Annual Report 2025-2026 IITL PROJECTS LIMITED Corporate Identity Number (CIN) : L01110MH1994PLC082421 Registered Office: Office No. 101A, The Capital, G-Block, Plot No.C-70, Bandra Kurla Complex, Bandra (East), Mumbai- 400051. Tel: 022 43250100, Website : www.iitlprojects.com, E-mail : iitlprojects@iitlgroup.com NOTICE NOTICE is hereby given that the 32nd Annual General Meeting NOTES: of the Members of IITL PROJECTS LIMITED will be held on 1. In accordance with the provisions of the Act, read with the Rules Thursday, September 17, 2026 at 12:00 noon (IST) through made thereunder and General Circular nos. 14/2020 dated Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), 8th April, 2020, 17/2020 dated 13th April, 2020, 20/2020 dated to transact the following business: 5th May, 2020, 02/2021 dated 13th January, 2021, 21/2021 ORDINARY BUSINESS: dated 14th December, 2021, 2/2022 dated 5th May, 2022, 10/2022 dated 28th December, 2022, 09/2023 dated 1. To receive, consider and adopt the Audited Financial 25th September, 2023, 09/2024 dated 19th September, 2024 Statements of the Company for the financial year ended March and 03/2025 dated 22nd September, 2025, issued by the 31, 2026 together with the Reports of the Board of Directors Ministry of Corporate Affairs (“MCA”) read with relevant and Auditors thereon. circulars issued by the Securities and Exchange Board of India 2. To appoint a Director in place of Dr. Bidhubhusan Samal (DIN: (“SEBI”), from time to time (hereinafter collectively referred 00007256), who retires by rotation at this Annual General to as “the Circulars”), companies are allowed to hold AGM Meeting and being eligible, offers himself for re-appointment. through Video Conference (“VC”) or Other Audio Visual Means (“OAVM”) in accordance with the requirements prescribed under the said Circulars, until further orders. Accordingly, the By Order of the Board of Directors AGM of the Company is being conducted through VC/OAVM, For IITL Projects Limited and the registered office of the Company shall be deemed to be the venue of the AGM. Harshida J. Parikh Manager & Company Secretary 2. The relevant details with respect to Item No. 2 pursuant Place: Mumbai Membership No.: A77378 to Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Date: August 04, 2026 Regulations”) and Secretarial Standard on General Meetings Registered Office: issued by the Institute of Company Secretaries of India are Office No. 101A, The Capital, G-Block, annexed. Plot No.C-70, Bandra Kurla Complex, 3. Pursuant to the provisions of the Act, a member entitled to Bandra (East), Mumbai- 400051. attend and vote at the AGM is entitled to appoint a proxy CIN: L01110MH1994PLC082421 to attend and vote on his/her behalf and the proxy need E-mail: iitlprojects@iitlgroup.com not be a Member of the Company. Since this AGM is being Website: www.iitlprojects.com held pursuant to the MCA Circulars through VC/OAVM, physical attendance of Members has been dispensed with. Accordingly, the facility for appointment of proxies by the Members will not be available for the AGM and hence the Proxy Form, Attendance Slip and route map of AGM are not annexed to this Notice. However, in pursuance of Section 113 of the Companies Act, 2013, representatives of Body corporate can attend the AGM through VC / OAVM and cast their votes through e-voting. 4. In accordance with the applicable MCA Circulars and SEBI Circulars, the Notice calling the AGM and Annual Report 2025-2026 is being sent only through electronic mode to those Members whose email addresses are registered with the Company or CDSL / NSDL (“Depositories”). Members may note that Notice and Annual Report 2025-26 will also be made available on the Company’s website at www.iitlprojects.com, website of the Stock Exchange i.e. BSE Limited at www.bseindia.com, and the AGM Notice is also available on the website of CDSL (agency for providing the Remote e-Voting facility) i.e. www.evotingindia.com. IITL PROJECTS LIMITED Annual Report 2025-2026 5. Members holding shares in demat mode, who have not 10. Members are requested to – registered their email addresses are requested to register their i. intimate to the DP, changes if any, in their names, email addresses with their respective depository participants, registered addresses, email address, telephone/mobile and members holding shares in physical mode are requested numbers, and/or changes in their bank account details, to update their email addresses with the RTA by emailing to if the shares are held in dematerialized form. support@purvashare.com immediately to receive copies of Annual Report in electronic m [Showing first 8,000 characters — download PDF for full document]