IITL Buyback Offer Closes as Scheduled

Date: August 28, 2026

Board Meeting Outcomes

• The Buyback Offer of 16,66,667 fully paid-up Equity Shares of face value ₹10 each at a price of ₹150 per share closed on August 28, 2026 as scheduled
• The buyback was conducted on a proportionate basis payable in cash

Background Context

• The Offer Opening Advertisement was published on August 21, 2026
• The buyback offer opened on August 21, 2026 and was scheduled to close on August 28, 2026