Industrial Investment Trust Limited
Incorporated in 1933, Industrial Investment Trust Ltd is classified as an Investment Company
What Industrial files
- Others75
- Important27
- Updates9
- Board Meeting8
- Dividend/Bonus7
- Insider Trade5
IITL's Buyback Offer has closed. The company successfully completed its buyback of 16.67 lakh shares at ₹150 each, totaling approximately ₹25 Cr. This concludes the share repurchase program as scheduled.
IITL Group's subsidiary, IITL Investment Advisors Private Limited, has been officially struck off and dissolved from the Register of Companies by the Ministry of Corporate Affairs. This move streamlines the company's corporate structure.
Board approved reclassification of Mr. Swaran Singh from Promoter to Public shareholder. He holds 0.13% voting rights and no management role. This change, not requiring shareholder approval, now awaits Stock Exchange clearances.
Industrial Investment Trust: A promoter group member, holding a 0.13% stake, has sought reclassification as a public shareholder. This is a small ownership structure update.
IITL will remove its non-operational subsidiary, IITL Investment Advisors, from the Register of Companies. The subsidiary reported no revenue and a net worth of -0.0748 Cr. This is a routine clean-up.