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Nimbus India increases stake in Industrial Investment Trust

December 8, 2025 at 10:59 AM UTCBy FilingReader AI

Nimbus India Limited, along with its Persons Acting in Concert (PACs), disclosed an acquisition of 1,000 equity shares in Industrial Investment Trust Limited on December 5, 2025. This transaction was conducted via the open market and falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011.

Following this acquisition, Nimbus India Limited's direct stake in Industrial Investment Trust Limited increased to 3,430,732 shares, representing 17.49% of the total share capital. Including PACs—N. N. Financial Services Private Limited, Bipin Agarwal, and Swarn Mohinder Singh—the cumulative holding now stands at 10,568,692 shares, amounting to 53.90% of the total voting capital.

Prior to this acquisition, the combined holding of Nimbus India and its PACs was 10,567,692 shares, or 53.90% of the total voting capital. The total equity share capital of Industrial Investment Trust Limited stands at 19,608,780 equity shares of Rs. 10/- each.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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