Industrial Investment Trust Limited has informed the Exchange about Copy of Newspaper Publication
IITL · price
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Industrial Investment Trust Limited has submitted copies of the newspaper advertisement publishing the results of its Postal Ballot, which were declared on January 9, 2026. The Postal Ballot, based on a notice dated November 12, 2025, sought shareholder approval for a Related Party Transaction under SEBI LODR Regulation 23. The transaction involves granting consent to its subsidiary, IITL Projects Limited, for variation in terms of 70,00,000 (70 lakh) preference shares issued by the subsidiary to the company. The Ordinary Resolution was passed with overwhelming support, with 99.988% of valid votes cast in favour. The results have also been uploaded to the company's website (www.iitlgroup.com) and shared with BSE and NSE.
Shareholders have approved a related party transaction concerning 70 lakh preference shares with the company's subsidiary IITL Projects Limited, which is a routine governance step. The near-unanimous approval (99.988%) suggests no shareholder dissent, and the event is largely procedural with no immediate material impact expected on the stock price.