Buyback8 Sept 2026, 05:40 pm
Industrial Investment Trust Ltd: Promoter Group Buyback Disclosure
AI Summary
Industrial Investment Trust Ltd has filed a disclosure under SEBI's Takeover Regulations regarding a buyback. The buyback, completed on August 28, 2026, was undertaken by the company through a tender offer route. The disclosure, made by Bipin Agarwal on behalf of the Promoter and Promoter Group, details changes in their shareholding. Post-buyback, the Promoter and Promoter Group's holding increased from 49.92% to 53.79% of the total share capital. The total equity share capital of the company reduced from ₹22,54,75,500 to ₹20,92,47,280 following the buyback.
Key Highlights
- Promoter Group's shareholding increased post-buyback.
- Buyback completed via tender offer on August 28, 2026.
- Company's equity share capital reduced due to buyback.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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