Nimbus India increases stake in Industrial Investment Trust

Nimbus India Limited, along with its persons acting in concert (PACs), disclosed an acquisition of 100,000 equity shares of Industrial Investment Trust Limited on November 26, 2025. This transaction, executed via the open market, increased Nimbus India Limited's individual holding in the target company to 3,326,732 shares, representing 16.97% of the total share or voting capital. The PACs include N. N. Financial Services Private Limited, Mr. Bipin Agarwal, and Mr. Swarn Mohinder Singh.

Prior to this acquisition, the combined holding of Nimbus India Limited and its PACs was 10,364,692 shares, or 52.87% of the total share or voting capital. Following the acquisition, their collective stake has risen to 10,464,692 shares, equivalent to 53.38% of the total share or voting capital. This move further consolidates their control over Industrial Investment Trust Limited.

The equity share capital of Industrial Investment Trust Limited stands at 19,608,780 equity shares of Rs. 10/- each, aggregating to Rs. 196,087,800/- both before and after the acquisition. The total diluted share or voting capital after the acquisition is 22,547,550 equity shares of Rs. 10/- each, totaling Rs. 225,475,500/-. The disclosure was made to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.