Announced Tue, 23 Jun · 17:51 IST
Subsidiary IITL Investment Advisors struck off and dissolved
Strategic Transactions View source PDF
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
-9.3%1-day move
₹140.00
prior close
₹134.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.3-0.7-1.4-9.3-3.8-2.5-8.8-5.0-1.4-7.9-3.4——
Up moveDown movePending
AI summary
Industrial Investment Trust Limited's subsidiary, IITL Investment Advisors Private Limited, has been struck off from the Register of Companies and dissolved. The Ministry of Corporate Affairs issued STK-7 notice dated June 22, 2026, approving the STK-2 application filed earlier under the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. The subsidiary's name has been removed from the register effective June 22, 2026.
Likely market impact
Minimal financial impact likely as the subsidiary is being wound up; streamlines the group by removing an inactive or non-operating entity from the structure.