Industrial Investment Trust Ltd

Meeting Details

• Date: October 31, 2026.
• Time and location not disclosed.

Key Agenda Items

• Consider unaudited standalone and consolidated financial results for Q2 and H1 ended Sep 30, 2026.

Other Notes

• Trading window closed for all designated persons until 48 hours after results declaration on Oct 31, 2026.

Industrial Investment Trust Limited: Trading Window closed from Oct 01, 2026 till 48 hours after the declaration of Standalone and Consolidated Un-audited Financial Results for the quarter and half year ending Sep 30, 2026

Promoter reclassification

• Reclassification of Swaran Singh from Promoter to Public under Regulation 31A.
• BSE no-objection letter dated Sept 22, 2026.
• NSE no-objection letter dated Sept 22, 2026.
• Promoter shares affected: 25,000.
• Application filed May 26, 2026.
• Compliance with Regulation 31A to follow subsequent disclosures.

Key Update

• Provisional Attachment Order No. 20 of 2026 against promoter N.N. Financial Services; 29,46,341 IITL shares attached.
• Promoter may appeal; no material impact on IITL financials or operations foreseen.

AGM Details

• AGM held September 17, 2026 at 3:00 PM IST via VC/OAVM.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for year ended March 31, 2026; passed; 3 against.
• Resolution 2 (Ordinary): Re-appoint director; passed; 3 against.
• Resolution 3 (Ordinary): Approve related party transactions with Nimbus Projects Limited; passed; 3 against.
• Resolution 4 (Ordinary): Approve related party transactions with IITL Projects Limited; passed; 3 against.
• Resolution 5 (Special): Increase borrowing limits; passed; 3 against.
• Resolution 6 (Special): Create mortgage/charge to secure borrowings; passed; 3 against.

AGM details

• AGM held on Sept 17, 2026 at 3:00 PM via VC/OAVM.
• Remote e-voting open Sept 14–16, 2026, 9:00 AM–5:00 PM IST.
• AGM concluded at 3:53 PM.

Ordinary resolutions

• Adoption of audited standalone and consolidated financial statements with reports.
• Appointment of director by rotation retiring.

Special resolutions

• Approval of related party transactions with Nimbus Projects Limited.
• Approval of related party transactions with IITL Projects Limited.
• Increase in borrowing limits under Companies Act.
• Creation of mortgage and/or charge to secure borrowings.

Voting status

• Voting results pending; to be declared after Scrutinizer’s report.

Extinguishment and post-buyback ownership

• Extinguishment completed: 16,22,822 equity shares extinguished under SEBI Buyback Regulations.
• Tendering period was August 21–28, 2026; extinguishment confirmed September 11, 2026.
• No physical shares were tendered; extinguishment done in demat form per CDSL confirmation.
• Post-extinguishment paid-up capital: 20,924,728 shares (INR 10 each).
• Promoters' shareholding increases to 53.79% post-buyback; public and others to 46.21%.
• Certificate of Extinguishment issued Sep 11, 2026 by MUFG Intime India Private Limited (Registrar).
• No governance changes or management appointments reported in relation to the buyback.

Transaction summary

• Target Company: Industrial Investment Trust Limited (ITL).
• Disclosing Party: Promoters Bipin Agarwal, Swaran Singh, N N Financial Services Private Limited, Nimbus India (Promoter Group).
• Transaction Type: Reduction in share capital due to buyback.
• Pre-Transaction Holding: 1,12,55,692 shares, 49.92% voting rights.
• Transaction Details: No shares acquired or sold; buyback settlement on Sept 3, 2026; mode: capital reduction.
• Post-Transaction Holding: 1,12,55,692 shares, 53.79% voting rights.
• Date of Transaction: September 03, 2026 (Buyback Settlement Date).
• Share Capital Context: Before Rs 22,54,75,500; After Rs 20,92,47,280; Diluted capital Rs 20,92,47,280.

Key disclosures

• Target Company: Industrial Investment Trust Ltd.
• Disclosing Party: Bipin Agarwal, promoter of the company, on behalf of Promoter and Promoter Group.
• Transaction Type: Buyback (issuer acquiring its own shares).
• Date(s) of Transaction: August 28, 2026.
• Transaction Details: Tender-offer buyback completed on August 28, 2026.