IITL buyback completed; 16.22 lakh shares bought back at Rs 150 each

Corporate Actions View source PDF Explain this filing

IITL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.3%Reaction day

₹141.72

prior close

₹148.31

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+4.8% vs market

Investment Company peers, median of 63sector+0.0%+5.3% vs sector

On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250 and 5.3 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.1

15m

-0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.3+0.5+4.8+0.0+5.3

Next day

+3.0+0.4+2.7-0.6+3.6

+9.0+0.2+8.8-0.5+9.5

+3.7+0.3+3.4-0.7+4.4

+9.4-3.0+12.4-3.0+12.3

+6.5-3.1+9.7-2.7+9.3

+2.8-0.7+3.5-1.2+4.0

15d

-7.9-1.2-6.7-4.4-3.6

-7.6-4.2-3.4-5.7-1.9

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UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Industrial Investment Trust Limited completed its buyback, accepting 16,22,822 shares at Rs 150 each (97.37 percent of the 16,66,667 shares offered) for about Rs 24.34 crore. The offer covered 7.39 percent of paid-up capital. General category was oversubscribed at 114.52 percent while small shareholders barely participated at 0.16 percent. Promoter holding rises from 49.92 percent to 53.79 percent post-buyback.

Likely market impact

Reduces share count and lifts promoter stake to 53.79 percent. Very weak small-shareholder response is a notable flag.