Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - In further to our intimation dated 12.11.2025 and 27.11.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IITL Projects has completed the sale of its 4,00,880 preference shares (face value Rs. 10 each with Rs. 2 premium, totalling Rs. 48.10 lakh on paper) in Capital Infraprojects Private Limited (CIPL) to Medanta Real Estate Private Limited for a sale consideration of Rs. 40 lakh. The transaction, approved earlier via Share Purchase Agreement (SPA) and disclosed on November 12 and November 27, 2025, closed on December 6, 2025 with full consideration received. This is a follow-up intimation confirming the closure of the deal as required under SEBI LODR continuous disclosure norms.
The transaction size is very small (Rs 40 lakh) and is unlikely to have any material impact on IITL Projects' financials or share price. It represents a modest book-value haircut on a non-core financial investment, with cash already in hand.