Buyback11 Sept 2026, 05:20 pm
Industrial Investment Trust Completes Buyback, Extinguishes 16.22 Lakh Shares
AI Summary
Industrial Investment Trust Ltd has announced the completion of its share buyback program, successfully extinguishing 16,22,822 fully paid-up equity shares. The buyback process, initiated following a public announcement on August 6, 2026, and detailed in the letter of offer dated August 19, 2026, saw its tendering period open from August 21 to August 28, 2026. The company confirmed the extinguishment of these shares, valued at INR 10 each, in compliance with SEBI Buyback Regulations. The total paid-up capital post-buyback has been adjusted accordingly. Central Depository Services (India) Limited and MUFG Intime India Private Limited have provided confirmations for the share extinguishment.
Key Highlights
- Company completed buyback of 16,22,822 equity shares.
- Extinguishment of shares finalized as per SEBI regulations.
- Tendering period for buyback was August 21-28, 2026.
- Paid-up capital adjusted post-buyback.
- Registrar and CS confirmed share extinguishment.
Price Impact
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