Industrial Investment Trust Limited will conduct its 93rd Annual General Meeting on September 17, 2026, through Video Conferencing or Other Audio-Visual Means.

The meeting is scheduled for 3:00 pm and will be facilitated by Central Depository Services (India) Limited. The company confirmed compliance with the Companies Act, 2013, and SEBI Listing Obligations regulations.

Key Dates and Logistics

The register of members and share transfer books will remain closed from September 10, 2026, to September 17, 2026, inclusive. This closure facilitates the preparation of the record for the AGM.

Remote e-voting for shareholders commences on September 14, 2026, at 9:00 am and concludes on September 16, 2026, at 5:00 pm. Shareholders holding physical shares or those without registered email addresses may also vote during the AGM.

Document Access and Compliance

Electronic copies of the AGM notice and explanatory statement are being emailed to registered members. These documents form part of the Annual Report for FY26. Members without registered emails will receive a letter with a web link to access the report.

The notice and annual report are available on the company website, BSE and NSE portals, and the CDSL e-voting platform. The newspaper advertisement was published in Free Press Journal and Navshakti on August 23, 2026.

industrial investment trust has opened its share buyback tender offer, which runs from August 21, 2026 to August 28, 2026. The company aims to repurchase up to 16,66,667 equity shares at a price of ₹150 per share, representing a maximum outlay of ₹25 crore. The Letter of Offer was filed with SEBI on August 20, 2026, following board approval on August 5, 2026.

The buyback is structured as a tender offer through the National Stock Exchange (NSE). Eligible shareholders are those holding shares on the record date of August 18, 2026. Wednesday, August 26, 2026, is excluded from the tendering period as it is a holiday declared by SEBI.

Offer Structure and Entitlement

The buyback size represents 7.39% of the company's total paid-up equity capital as of March 31, 2026. It remains within the statutory limit of 10% prescribed under the Companies Act and SEBI regulations. The offer is divided into two categories:

• Reserved Category for Small Shareholders: Shareholders holding equity shares valued at not more than ₹2 lakh based on the record date closing price are classified as small shareholders. They are entitled to sell 228 shares for every 455 shares held (approximately 50.11% entitlement).
• General Category: All other eligible shareholders can tender 97 shares for every 739 shares held (approximately 13.13% entitlement).

Promoters and members of the promoter group, who currently hold 49.92% of the equity share capital, have declared their intention not to participate in the buyback. Assuming full acceptance from other eligible shareholders, the promoter stake would increase to 53.90% post-buyback due to the extinguishment of repurchased shares.

Pricing and Financial Implications

The buyback price of ₹150 reflects a premium over recent trading levels:

• 10.43% premium over the NSE closing price on July 30, 2026 (₹135.83).
• 6.24% premium over the NSE closing price on August 4, 2026 (₹141.19).

The company will fund the buyback from its securities premium account, free reserves, and internal accruals. It has deposited ₹6.25 crore (25% of the buyback size) in an escrow account with Axis Bank Limited to secure its obligations.

What the Numbers Show

The buyback is expected to improve key financial ratios by reducing the equity base without altering the net asset value significantly. Post-buyback, the net worth is projected to decrease from ₹400.89 crore to ₹375.89 crore on a standalone basis. Consequently, the book value per share (NAV) is expected to rise slightly from ₹177.80 to ₹180.02. However, given the company reported a net loss of ₹17.17 crore in FY26, the earnings per share (EPS) will see a marginal negative impact, moving from -₹5.91 to -₹6.38, assuming no change in operational performance.

Key Dates and Process

Shareholders holding shares in demat form will need to place bids through their brokers during normal trading hours. Physical shareholders must submit tender forms along with original share certificates to the registrar, MUFG Intime India Private Limited, by 5:00 pm on the closing date.