Industrial Investment Trust Limited industrial investment trust disclosed that the Directorate Enforcement has provisionally attached shares held by its promoter, N.N. Financial Services Private Limited, under the Prevention of Money Laundering Act.

The enforcement agency issued Provisional Attachment Order No. 20 of 2026 on September 18, 2026. The order targets 29,46,341 equity shares of Industrial Investment Trust Limited held by the promoter entity.

Regulatory Action Details

The action was taken by Unit-5(1) of the Delhi Zonal Office-II of the Directorate Enforcement. The order was passed under the First Proviso to Section 5(1) of the PMLA 2002.

Impact Assessment

Industrial Investment Trust Limited stated it does not foresee any material impact on its financial or operational activities. The company noted that the promoter may file an appeal against the order.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Industrial Investment Trust has declared the voting results for its 93rd annual general meeting held on September 17, 2026. Shareholders approved all six agenda items, including increased borrowing limits and related-party transactions, with overwhelming support.

The meeting, chaired by Dr. Bidhubhusan Samal, was conducted via video conferencing. The company reported a total of 4,028 shareholders on the record date of September 10, 2026. Of these, votes were polled from holders representing 54.02% of outstanding shares for most resolutions.

Voting Results Overview

All resolutions were passed by the requisite majority. The promoter group, holding 11,255,692 shares, voted in favor of all non-related-party resolutions. For related-party transactions involving Nimbus Projects Limited and IITL Projects Limited, promoters abstained from voting as required by regulations.

Key Resolutions Approved

Shareholders voted on several ordinary and special business items during the AGM. The resolutions covered financial statement adoption, director appointments, and strategic approvals.

Chairman's Address

Dr. Samal briefed members on economic challenges facing the NBFC sector and the company's performance in FY26. He highlighted potential risks from renewed escalation in the West Asia crisis, noting that commodity price volatility could tighten financial conditions.

The Chairman addressed questions from members regarding future prospects and company progress. Statutory auditors, secretarial auditors, and the scrutinizer were present via video conference.

Voting Process Details

Remote e-voting was available from September 14, 2026, at 9:00 am to September 16, 2026, at 5:00 pm. Ms. Chandanbala O. Mehta, Practicing Company Secretary, was appointed as the Scrutinizer. The final results were declared based on the Scrutinizer's Report submitted on September 17, 2026.

GDR holders having underlying equity shares of 2,938,770 do not have voting rights.