
Buyback7 Aug 2026, 11:41 am
Industrial Investment Trust Ltd Announces Buyback of Equity Shares
AI Summary
Industrial Investment Trust Limited (IITL) has announced a buyback of up to 16,66,667 equity shares, representing 7.39% of its total equity share capital as of March 31, 2026. The buyback will be conducted on a proportionate basis through the tender offer route at a price of ₹150 per share. The total buyback size is capped at ₹25,00,00,050. This offer excludes shares held by the promoter and promoter group. The announcement was made via a Public Announcement dated August 6, 2026, published in Financial Express and Jansatta.
Key Highlights
- IITL to buy back up to 16,66,667 equity shares.
- Buyback price set at ₹150 per share.
- Total buyback size not exceeding ₹25,00,00,050.
- Offer is on a proportionate basis via tender offer.
- Excludes shares held by promoter and promoter group.
Price Impact
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