Industrial Investment Trust Ltd

Key buyback details

• Buyback size: 1,666,667 shares at ₹150 per share via tender offer.
• Aggregate maximum consideration: ₹25,00,00,050.
• Represents 7.39% of existing paid-up equity capital.
• Record date: 18 August 2026; entitlements small: 228/455; general: 97/739.
• Tender window: 21–28 August 2026 (26 August holiday; not a working day).
• Mode: tender offer via NSE acquisition window under SEBI Buyback Regulations.
• Tax: resident shareholders no TDS; non-residents TDS as per rates.

Buyback basics

• Buyback up to 16,66,667 shares at ₹150 each; 7.39% of equity.
• Aggregate cash consideration capped at ₹25.00 crore, excluding costs.
• Record date Aug 18, 2026; open Aug 21–28, 2026; NSE designated exchange.
• Promoters will not participate; post-buyback promoter share could rise to 53.90%.
• Small shareholder reservation: 15% or entitlement, whichever higher.

Ownership impact & funding

• Final promoter stake after buyback could reach 53.90% if all accepted.
• Public shareholding would be 46.10% post-buyback on full acceptance.
• Funding from securities premium and free reserves; no borrowings.
• Escrow deposits of ₹6.25 crore (25% of size) with Axis Bank.
• Board resolution dated 5 August 2026; Buyback Committee authorized.

Buyback details

• Buyback offer to repurchase up to 16,66,667 IITL shares at INR 150 per share in cash.
• Aggregate buyback size capped at INR 25.00 crore; 7.20% standalone and 6.63% consolidated of paid-up capital + reserves.
• Record date: 18 August 2026; Buyback opens 21 August and closes 28 August 2026 (5 PM IST).
• Small-shareholder reserve: 15% of buyback or 2,50,001 shares, whichever is higher.
• General-category entitlement: 14,16,666 shares.
• Promoter group intends not to participate; post-buyback promoter holding at 53.90%, public 46.10%.
• Funding sources: securities premium and free reserves; no bank borrowings; INR 6.25 crore escrow deposited upfront.
• Escrow arrangements: INR 6.25 crore in IITL Buyback Escrow Account; remaining funds in separate special escrow.
• Regulatory approvals: SEBI, NSE/BSE approvals; RBI approvals for NR shareholders as applicable; minimum public shareholding maintained.
• Governance: board approvals on 5 August 2026; compliance officer Cumi Banerjee; manager Systematix; registrar MUFG Intime.

Industrial Investment Trust Ltd trading window closed from Aug 12, 2026 to Sep 30, 2026

Buyback details

• Public Announcement for buyback of 1,666,667 IITL shares at INR 150 cash, on proportionate basis.
• Total buyback value around INR 250,000,050; approx INR 25 crore.
• PA dated August 6, 2026; released August 7, 2026 in newspapers.
• Newspaper announcements: Financial Express (English); Jansatta (Hindi); Lakshwadeep (Mumbai edition).
• PA copy enclosed; available on IITL website.
• Buyback compliant with Regulation 7 of SEBI Buy-back Regulations 2018.

Meeting Details

• Board meeting scheduled on August 5, 2026 to consider buyback of IITL fully paid equity shares.

Key Agenda Items

• Proposal to buy back IITL's fully paid equity shares under the Companies Act 2013 and Buy-back Regulations 2018.

Other Notes

• Trading window closed from July 1, 2026 for unaudited June 30, 2026 financials; reopens on August 8, 2026.