<h1>Industrial Investment Trust Limited Appoints Additional Director</h1>
Industrial Investment Trust Limited has approved the appointment of Mr. Sahil Agarwal as an Additional Director (Non-Executive and Non-Independent) of the company. The board meeting held on August 05, 2026, considered and ratified this key management decision.
The appointment of Mr. Agarwal is subject to the prior approval of the Reserve Bank of India (RBI). The role has been designated with effect from the date of receipt of the necessary approval from the RBI.
Mr. Sahil Agarwal brings significant experience in the financial sector and possesses a strong understanding of international markets, according to company records. He currently serves as CEO and Whole-Time Director at Nimbus India limited, an NBFC (Non-Banking Financial Company).
His professional background includes more than seven years of exposure across various aspects of the business, including sales, marketing, real estate, fundraising, loans, and investment activities within the NBFC sector. Mr. Agarwal holds a Bachelor of Business Administration from Amity University, Noida, Uttar Pradesh, and completed his Business Management Program at California State University in San Bernardino.
The company further disclosed that Mr. Sahil Agarwal is the son of Mr. Bipin Agarwal, who serves as Promoter and Managing Director of Industrial Investment Trust Limited.
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Director Profile Details: Mr. Sahil Agarwal
| Category | Detail |
|---|---|
| Role | Additional Director (Non-Executive & Non-Independent) |
| Date of Appointment | With effect from the date of receipt of prior approval from the RBI |
| Current Position | CEO and Whole-Time Director at Nimbus India limited (NBFC) |
| Experience | Over 7 years in sales, marketing, real estate, fundraising, loans, and investment activities within the NBFC sector. |
| Education | Business Management Program from California State University; Bachelor of Business Administration from Amity University, Noida. |
| Relationship Disclosure | Son of Mr. Bipin Agarwal, Promoter and Managing Director of Industrial Investment Trust Limited. |
IITL Stock Price Movement
Today, Industrial Investment Trust Limited closed with a solid gain, its stock settling at ₹142.58 after edging higher by 3.39%. The session concluded with a volume of 136,790 shares, capping the day's price movement against an intraday high of ₹147.29.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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