Industrial Investment Trust Limited has received formal no-objection approvals from both BSE Limited and National Stock Exchange of India Limited for the reclassification of Mr. Swaran Singh from Promoter category to Public category.
The company had submitted an application to both stock exchanges on May 26, 2026, seeking this reclassification. The approvals were received on September 22, 2026, through specific letters: BSE's letter No. LIST/COMP/KR/217/2026-27 and NSE's letter No. NSE/LIST/COMP/IITL/599/2026-2027.
Key Details of Reclassification:
- Name of Person: Mr. Swaran Singh
- Previous Category: Promoter
- New Category: Public
- Number of Shares: 25,000 shares
The reclassification is being processed under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification as per applicable provisions of Regulation 31A.
Correspondence Details:
The communication was signed by Cumi Ankur Banerjee, CEO (Secretarial, Legal and Admin) & Company Secretary of Industrial Investment Trust Limited. The company's address is Office No. 101A, The Capital, G-Block, Plot No. C-70, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.
The stock exchanges have copied National Securities Depository Limited and Central Depository Services Limited on their approval communications for necessary action at their end.