Announced Fri, 7 Aug · 13:10 IST
IITL announces Rs 25 crore buyback at Rs 150 per share
IITL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹142.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.9+0.7+3.9+4.2+3.5+5.8————
Up moveDown movePending
AI summary
Industrial Investment Trust Ltd will buy back up to 16,66,667 equity shares, equal to 7.39 percent of paid-up capital, at Rs 150 each, totalling up to Rs 25 crore. The price is at a 10.43 percent premium on NSE and 10.58 percent premium on BSE over the July 30 closing price. Promoters will not participate. Record date is August 18, 2026. Buyback will be done through tender offer via stock exchanges.
Likely market impact
Positive for shareholders - buyback at a premium lets eligible public shareholders exit at a good price and may support the stock in the near term.