Nimbus Acquires 54,000 Shares of Industrial Investment Trust Ltd in Open Market Transaction
Nimbus (India) Limited has completed the acquisition of 54,000 equity shares of Industrial Investment Trust Limited. The purchase was executed through the open market and was finalized on June 16, 2026.The transaction involved Nimbus (India) Limited along with its associated persons and connected parties (PACs), including N. N. Financial Services Private Limited, Mr. Bipin Agarwal, and Mr. Swarn Mohinder Singh. This acquisition details the extent of the investor's holdings in Industrial Investment Trust Limited (IITL).
Prior to this transaction, Nimbus (India) Limited and its associated parties held a total of 1,11,26,692 shares. At that time, the capital structure stood at Rs. 19,60,87,800/- across 1,96,08,780 equity shares.
The acquisition resulted in Nimbus (India) Limited’s holding increasing to 70,87,960 shares of IITL. Following this purchase, the total diluted share capital of Industrial Investment Trust Limited reached 2,25,47,550 equity shares, aggregating to Rs. 22,54,75,500/-.
The key details regarding the acquisition and the resulting capital structure are summarized below:
| Metric | Before Acquisition | After Acquisition (Post-transaction) |
|---|---|---|
| Total Voting Capital of IC | 1,11,26,692 shares | 2,25,47,550 equity shares |
| Aggregated Value of TC | Rs. 19,60,87,800/- | Rs. 22,54,75,500/- |
| Shares Held by Nimbus (India) Ltd | N/A | 70,87,960 shares |
IITL Stock Price Movement
Shares of Industrial Investment Trust Limited are edging higher to ₹134.85 as of 10:13 AM today, gaining 1.29% in live trading. The stock maintains strong intraday momentum, with a total traded volume reaching 44,657 shares so far this morning.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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