Pratik Madhukar Sheth reduced his stake in Industrial Investment Trust by selling 7,00,000 shares through a buyback on September 2, 2026. The transaction lowers his voting shareholding from 10.11% to 6.54%.

The disposal was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pratik Madhukar Sheth acts in concert with Jinal Pratik Sheth. Neither belongs to the promoter group.

Shareholding Changes

The sale represents a reduction of 3.57% in the total share capital. The total diluted shareholding fell by 3.10%. Jinal Pratik Sheth’s holding remained unchanged at 5,000 shares (0.03%).

Capital Structure Context

The company’s equity share capital stood at ₹1,96,08,780 before and after the sale. The total diluted share capital is ₹2,25,47,550. All percentage calculations are based on the shareholding pattern as of June 30, 2026.

Industrial Investment Trust closed its offer to buy back 16,66,667 equity shares on August 28, 2026. The company set the buyback price at ₹150 per share, payable in cash on a proportionate basis.

The offer opened on August 21, 2026, following the dispatch of the opening advertisement. Industrial Investment Trust Limited confirmed that the process concluded as scheduled on August 28, 2026.

Offer Details

The buyback targeted fully paid-up equity shares with a face value of ₹10 each. The total number of shares subject to the buyback was 16,66,667.

Regulatory Compliance

The company stated it will release a post-buyback public advertisement in accordance with the Buyback Regulations. This disclosure serves as compliance under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Industrial Investment Trust Limited indicated that necessary filings and compliance actions would be completed within the stipulated timeframe under applicable laws.