Systematix Corporate Services Limited has made a significant strategic investment in Industrial Investment Trust Limited (IITL), acquiring equity shares worth ₹3,98,88,000 through market purchase. The transaction, disclosed under SEBI Regulation 30, represents the company's continued focus on diversifying its investment portfolio and optimizing surplus fund utilization.

Investment Details

The acquisition involves 2,77,000 equity shares of ₹10 face value each, purchased at a market price of ₹144 per share. This investment provides Systematix Corporate Services with a 1.23% stake in IITL's total diluted share capital.

About Industrial Investment Trust Limited

IITL operates as a Non-Deposit taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company is classified as an NBFC-Investment and Credit Company (NBFCICC) and has been categorized as a base layer NBFC (NBFC-BL) since October 01, 2022, under RBI's Scale Based Regulation framework.

The company primarily functions as a holding company, maintaining investments in subsidiaries and group companies. IITL's business activities encompass:

• Investment in quoted and unquoted equity shares
• Units of mutual funds
• Fixed deposits with banks
• Treasury Bills
• Corporate loans

Financial Performance Overview

IITL's financial performance over the past three years shows varying turnover levels, with the company currently maintaining a market capitalization of ₹330.91 crore.

Strategic Rationale

The acquisition aligns with Systematix Corporate Services' objective of optimal utilization of surplus funds and diversification of income streams. The company expects this investment to contribute positively to its earnings over the medium to long term without any material adverse impact on its financial position or operations.

The transaction does not fall within related party transactions, and no promoter or promoter group has any interest in the acquired entity. The investment was completed through cash consideration and required no governmental or regulatory approvals.

The National Company Law Tribunal (NCLT) Mumbai has issued a notice for a hearing scheduled on February 7, 2026, concerning a significant corporate restructuring involving four companies through a scheme of amalgamation.

Corporate Restructuring Details

The amalgamation involves three transferor companies merging into one transferee company. The petition was filed jointly under Sections 230 to 232 of the Companies Act, 2013, and received admission from the NCLT Mumbai on January 7, 2026.

Registered Office and Legal Framework

All four companies maintain their registered office at the same address: Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (E), Mumbai - 400060, Maharashtra, India. This common registered office location suggests operational synergies that may be driving the proposed amalgamation.

The scheme falls under the provisions of Sections 230-232 of the Companies Act, 2013, which govern arrangements and amalgamations. The legal proceedings are being handled by Ahmed Chunawala & Co., advocates for the petitioners, whose office is located at Commerce House, Nagindas Master Road, Mumbai.

Hearing Process and Stakeholder Participation

The tribunal has set February 7, 2026, as the date for hearing the amalgamation petition. Stakeholders wishing to support or oppose the petition must provide notice to the petitioner's advocates at least two days before the hearing date.

Interested parties can obtain copies of the petition from the petitioner's advocates upon payment of prescribed charges. The notice was dated January 22, 2026, providing stakeholders with adequate time to review the proposal and prepare their positions.

Legal Compliance and Documentation

The petition follows the standard legal framework for corporate amalgamations in India. The scheme requires approval from the NCLT under the Companies Act, 2013, ensuring that the interests of shareholders, creditors, and other stakeholders are protected throughout the process.

The amalgamation represents a consolidation within what appears to be a group of related companies operating in the food and beverages sector, given their business activities suggested by their corporate names and the common registered office address.