Industrial Investment Trust Ltd has received no-objection letters from both BSE Limited and the National Stock Exchange of India Limited for the reclassification of Mr. Swaran Singh from the Promoter category to the Public category.

The exchange approvals were issued on September 22, 2026, in response to an application submitted by the company on May 26, 2026. This action complies with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reclassification Details

The reclassification applies to a holding of 25,000 shares held by Mr. Swaran Singh. The table below outlines the specific changes in categorization:

Regulatory Compliance

Both exchanges directed the company to ensure compliance with subsequent relevant disclosures of material events related to this reclassification. The no-objection letters were issued by listing compliance departments at BSE and NSE, referencing the specific application dates and regulatory provisions under SEBI LODR regulations.

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.