Industrial Investment Trust Limited has notified the stock exchanges of an upcoming board meeting, in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Saturday, May 23, 2026, and will take up, among other matters, the consideration and approval of the company's audited financial results for the quarter and year ended March 31, 2026.

Board Meeting Details

The intimation, dated May 11, 2026, was addressed to the listing departments of both BSE Limited and the National Stock Exchange of India Limited. The key details of the scheduled board meeting are outlined below:

Trading Window Closure

In line with applicable insider trading regulations, the trading window for dealing in the equity shares of Industrial Investment Trust Limited is already closed for all designated persons, their immediate relatives, and other connected persons. The closure will remain in effect until the conclusion of 48 hours after the declaration of the financial results to the stock exchanges on May 23, 2026.

The intimation was signed by Cumi Banerjee, CEO (Secretarial, Legal and Admin) & Company Secretary, on behalf of Industrial Investment Trust Limited. A copy of the communication was also forwarded to the Luxembourg Stock Exchange.

Industrial Investment Trust Limited has received a formal request for promoter reclassification under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed stock exchanges about this development through an official communication dated April 10, 2026.

Reclassification Request Details

Mr. Swaran Singh, currently classified as part of the promoter and promoter group, has requested reclassification to public shareholder category. The request pertains to his shareholding and status within the company structure.

Regulatory Compliance Framework

The reclassification request falls under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Swaran Singh has declared compliance with all prescribed conditions for such reclassification.

Key Compliance Conditions Met:

• Does not hold more than 10% of paid-up equity share capital or total voting rights
• Does not exercise control over company affairs, directly or indirectly
• Has no special rights through formal or informal arrangements
• Holds no position or representation on the Board of Directors
• Not acting as key managerial person in the company
• Not classified as willful defaulter under RBI guidelines
• Not designated as fugitive economic offender

Post-Reclassification Undertakings

Mr. Swaran Singh has provided specific undertakings regarding his future conduct post-reclassification. These commitments ensure continued compliance with regulatory requirements and maintain the integrity of the public shareholder classification.

The shareholder has committed to ongoing compliance with ownership, control, and special rights restrictions. Additionally, he has undertaken to maintain compliance with board representation and managerial position restrictions for a minimum period of three years from the reclassification date.

Company Response and Next Steps

Industrial Investment Trust Limited has confirmed receipt of the reclassification request and will undertake necessary steps in compliance with Regulation 31A of the Listing Regulations. The company has fulfilled its obligation under Regulation 31A(8) by providing timely intimation to stock exchanges.

The request letter from Mr. Swaran Singh has been enclosed as an annexure to the official communication. The company secretary Cumi Banerjee signed the official intimation letter, confirming the company's commitment to following the prescribed regulatory process for promoter reclassification. The rationale provided by Mr. Swaran Singh indicates he has no role in company affairs, no special rights, and no pecuniary interest in the company operations.