Nimbus India increases stake in Industrial Investment Trust to over 50%
Nimbus India Limited, along with its Persons Acting in Concert (PACs), acquired 5,144 equity shares of Industrial Investment Trust Limited on September 30, 2025, via an open market transaction. This acquisition falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Following this transaction, Nimbus India Limited's direct holding in Industrial Investment Trust Limited increased to 3,226,732 shares, representing 16.46% of the share/voting capital. The total holding of Nimbus India Limited and its PACs (N. N. Financial Services Private Limited, Bipin Agarwal, and Swarn Mohinder Singh) now stands at 10,364,692 equity shares, constituting 52.87% of the total share/voting capital.
The total equity share capital of Industrial Investment Trust Limited after the acquisition remains 19,608,780 equity shares of INR 10 each, aggregating to INR 19,60,87,800. The diluted share/voting capital is 22,547,550 equity shares, totaling INR 22,54,75,500.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Industrial Investment Trust publishes news
Free account required • Unsubscribe anytime