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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.
-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.