IITL files Letter of Offer for INR 25 crore share buyback at INR 150
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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IITL has filed the Letter of Offer for buyback of up to 16,66,667 equity shares (7.39 percent of paid-up capital) at INR 150 per share, totaling about INR 25 crore. Buyback opens August 21, 2026 and closes August 28, 2026. Record date was August 18, 2026. Promoters will not participate. Small shareholders can tender 228 shares for every 455 held; others 97 for every 739 held. Funded from internal accruals.
Eligible shareholders can tender shares at INR 150 during the buyback window. Promoters staying out may signal limited insider confidence in current valuation.