Industrial Investment Trust Approves Share Buyback of ₹250 Cr

Industrial Investment Trust Ltd announced its Board of Directors has approved a share buyback program of up to 16,66,667 equity shares, representing 7.39% of the total paid-up equity share capital. The buyback will be conducted at a price of ₹150 per share, with an aggregate amount not exceeding ₹25,00,00,050. The buyback will be executed through the tender offer route, excluding promoters and promoter group members. The record date for determining eligibility is August 18, 2026. Systematix Corporate Services Limited has been appointed as the Manager to the Buyback.