StockWatch
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Non Banking Financial Company (NBFC)
Promoter Reclassification26 May 2026, 06:22 pm

Industrial Investment Trust: Promoter Reclassification Application

AI Summary

Industrial Investment Trust Ltd has submitted an application to BSE and NSE on May 26, 2026, for the reclassification of Mr. Swaran Singh from the 'Promoter' category to the 'Public' category. This action is in compliance with Regulations 30 and 31A of the SEBI (LODR) Regulations, 2015. Mr. Swaran Singh holds 25,000 shares, representing 0.11% (including GDR) and 0.13% (excluding GDR) of the company's holdings.

Key Highlights

  • IITL applied for reclassification of a promoter to public category.
  • Application submitted to BSE and NSE on May 26, 2026.
  • Mr. Swaran Singh is the promoter seeking reclassification.
  • The reclassification complies with SEBI LODR Regulations 30 & 31A.
  • Mr. Swaran Singh holds 0.11% (including GDR) of IITL shares.