Bipin Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Bipin Agarwal, a promoter/stakeholder of Industrial Investment Trust Limited, has submitted a disclosure confirming that he held 25,000 equity shares of the company as of March 31, 2026. The key declaration is that there was NO encumbrance (pledge) on these shares, either directly or indirectly, during the financial year. This is a routine regulatory filing under SEBI's takeover regulations requiring disclosure of shareholding status and encumbrances.
The disclosure is neutral to positive for shareholders as it confirms no encumbrance on the declarant's shares, meaning no risk of forced selling from invoked pledges. This filing is informational and does not indicate any change in ownership or stake.