Industrial Investment Trust Limited — Important, 27-06-2025: General Updates
27-06-2025 | 03:03 pm
27-06-2025 | 03:03 pm
Industrial Investment Trust has mutually terminated the Share Purchase Agreement concerning the sale of 4,00,880 preference shares held by its subsidiary IITL Projects Limited in Capital Infraprojects Private Limited to Medanta Real Estate Private Limited. This reversal cancels the planned disposal of assets exceeding 20% of the subsidiary’s holdings, indicating a strategic pause on asset liquidation decisions. There is no immediate financial impact reported following this termination.
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