IITL Projects Ltd — Updates, 27-06-2025: Company Update

IITL Projects Limited has announced a board meeting on the termination of the Share Purchase Agreement with Medanta Real Estate Private Limited and Capital Infraprojects Private Limited. Due to financial constraints faced by Medanta Real Estate, the agreement for the sale of 4,00,880 preference shares in Capital Infraprojects was mutually terminated. This means IITL Projects retains its entire investment in these preference shares, with no change in shareholding or financial impact as of now. This decision preserves the company's current stake and reflects management’s approach to safeguard shareholder value.