IITL Files Letter of Offer for Buyback of 16.66 Lakh Shares
IITL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.9 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.
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Industrial Investment Trust has filed the Letter of Offer for its buyback of up to 16,66,667 equity shares (7.39 percent of paid-up capital) at INR 150 per share, aggregating about INR 25 crore. Buyback opens August 21 and closes August 28, 2026. Promoters will not participate. Shareholders on record date August 18, 2026 are eligible to tender through stock exchange.
Cash buyback at INR 150 per share gives eligible shareholders an exit option; deal size is modest at 7.39 percent of equity.