ALPHA TRIBE

Systematix Corporate Services LtdImportant, 29-01-2026: Company Update

29-01-2026 | 06:42 pm

Systematix Corporate Services has invested Rs. 3.99 crore to acquire 2,77,000 equity shares, representing a 1.23% stake in Industrial Investment Trust Limited (IITL) via market purchase. IITL is a Non-Banking Financial Company (NBFC) with a market capitalization of Rs. 330.91 crore and FY25 turnover of Rs. 14.23 crore, engaged in investments across various financial instruments. This investment aligns with Systematix's strategy to utilize surplus funds and diversify income, anticipating positive earnings contributions over the medium to long term.

No comments yet. Be the first to comment!

All announcements from Systematix Corporate Services Ltd