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Industrial Investment Trust chairman and AGM

NSE: IITLBSE: 501295FinanceSmall Cap

Industrial Investment Trust Limited · Face value ₹10 · Listed Oct 1957 on BSE, Aug 2010 on NSE
Last close ₹114.28down ₹4.99 (4.18%)BSE ₹115.00

Share price at the NSE close on 28 Oct 2026. Previous close ₹119.27.

28 Oct: open ₹117.22, high ₹118.39, low ₹112.15

52-week range of traded prices to 28 Oct 2026
₹108.00Low, 2 Mar 2026₹204.00High, 12 Nov 2025
Market cap
₹239 Cr2,097th largest listed
P/E
Earlier quarters restated in the year
P/B
Shares changed
Dividend yield
Nonein the last 12 months
NIM
5.23%
Cost of funds
18.07%
Credit cost
−9.47%
ROA
−2.79%
Leverage
1.01times net worth
Volume, NSE
1,00,43312.6% delivered

Industrial Investment Trust's chairperson is Dr. Bidhubhusan Samal, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 17 Sep 2026.

Industrial Investment Trust board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonDr. Bidhubhusan Samal

7 directors4 independent2 executive1 non-executive

  • Dr. Bidhubhusan Samal · ChairpersonExecutive · joined Mar 2008 · 2 listed boards · 1 committee seat
  • Bipin AgarwalExecutive · joined Aug 2024 · 3 listed boards · 1 committee seat
  • Sujata ChattopadhyayIndependent · joined Sep 2017 · reappointed Sep 2023 · 108 months as independent · 2 listed boards · 2 as independent · 4 committee seats
  • Milind S. DesaiIndependent · joined Feb 2019 · reappointed Sep 2024 · 91 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • S. ThiruvenkatachariNominee, non-executive · joined Dec 2023 · 1 listed board · 1 committee seat
  • Shankar Narayan MokashiIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • Narayanan RangarajanIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 5 Aug 20267 of 7 present4 independent · 73 days in between
    • 23 May 20267 of 7 present4 independent

  • Audit Committee

    Chair Milind S. Desai

    S. Thiruvenkatachari, Narayanan Rangarajan

    • 5 Aug 20263 of 3 present2 independent · 73 days in between
    • 23 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Milind S. Desai

    S. Thiruvenkatachari, Sujata Chattopadhyay

    • 5 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Shankar Narayan Mokashi

    Narayanan Rangarajan, Sujata Chattopadhyay

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Narayanan Rangarajan

    S. Thiruvenkatachari, Sujata Chattopadhyay, Shankar Narayan Mokashi, Mithilesh Kumar, Gorakh Ingale

    • 5 Aug 20264 of 4 present3 independent · 73 days in between
    • 23 May 20264 of 4 present3 independent

  • Corporate Social Responsibility Committee

    Chair Dr. Bidhubhusan Samal

    Bipin Agarwal, Shankar Narayan Mokashi

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • MAHARAJ N R SURESH AND CO LLPPeer-review certificate valid to Sep 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Industrial Investment Trust AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Industrial Investment Trust dividend history

Annual general meeting, 17 Sep 2026

4,028 shareholders on the register on 10 Sep 2026; present: 3 promoters and 109 others; votes counted by CHANDANBALA O MEHTA / CHANDANBALA O MEHTA.The company's voting result

  1. Adoption of the Audited Financial Statements including audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.02% · promoters 79.37% · institutions 67.19% · other public 8.97%

  2. To appoint a Director in place of Mr. S. Thiruvenkatachari (DIN: 10424695), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.02% · promoters 79.37% · institutions 67.19% · other public 8.97%

  3. Approval of Related Party Transactions under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 with Nimbus Projects Limited, a group companyMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 4.35% · promoters 0.00% · institutions 67.19% · other public 8.97%

  4. Approval of Related Party Transactions under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 with IITL Projects Limited, a subsidiary companyMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 4.35% · promoters 0.00% · institutions 67.19% · other public 8.97%

  5. Approval for Increasing the Borrowing Limits of the Company under Section 180(1)(c) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.02% · promoters 79.37% · institutions 67.19% · other public 8.97%

  6. Approval to create mortgage and / or charge on all or any part of the movable and / or immovable properties of the Company as security with respect to Borrowings
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.02% · promoters 79.37% · institutions 67.19% · other public 8.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 8 Jan 2026, 1 resolution

3,952 shareholders on the register on 28 Nov 2025; votes counted by CHANDANBALA O. MEHTA / CHANDANBALA O. MEHTA.The company's voting result

  1. Approval of Related Party Transaction under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for according consent to the Subsidiary Company, IITL Projects Limited for Variation in terms of total 70,00,000 Preference Shares issued by them to the CompanyMoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.40%

    Turnout: all 1.14% · promoters 0.00% · institutions 13.09% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 13 Sep 2025, 4 resolutions

4,142 shareholders on the register on 6 Sep 2025; present: 3 promoters and 93 others; votes counted by CHANDANBALA O MEHTA / CHANDANBALA O MEHTA.The company's voting result

  1. Adoption of the Audited Financial Statements including audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.66%

    Turnout: all 53.50% · promoters 99.76% · institutions 13.09% · other public 0.04%

  2. To appoint a Director in place of Dr. Bidhubhusan Samal (DIN: 00007256), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.50%

    Turnout: all 53.50% · promoters 99.76% · institutions 13.09% · other public 0.04%

  3. To appoint Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.66%

    Turnout: all 53.50% · promoters 99.76% · institutions 13.09% · other public 0.04%

  4. Approval of Related Party Transaction(s) under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for entering into Rent Agreement with Nimbus Projects Limited for their property situated at 1001-1006, Narain Manzil, 10th Floor, 23, Barakhamba Road, New Delhi, Delhi, 110001 for the purpose of having the Corporate Office of the CompanyMoreLess
    OrdinaryPromoters have an interest in it
    99.68% for0.32% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.50%

    Turnout: all 1.15% · promoters 0.00% · institutions 13.09% · other public 0.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Jan 2025, 2 resolutions

3,896 shareholders on the register on 29 Nov 2024; votes counted by CHANDANBALA O. MEHTA / CHANDANBALA O. MEHTA.The company's voting result

  1. Approval of Related Party Transaction under Section 188 of the Companies Act, 2013 read with Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 with IIT Investrust LimitedMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 10.86% · promoters 0.00% · institutions 6.59% · other public 31.34%

  2. Approval of Related Party Transaction under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure for according consent to the Subsidiary Company, IITL Projects Limited for Variation in terms of total 70,00,000 Preference Shares issued by them to the CompanyMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 10.86% · promoters 0.00% · institutions 6.59% · other public 31.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Nov 2024, 1 resolution
  1. To approve sale, disposal and leasing of assets exceeding 20% of the assets of the material subsidiary of the Company, IITL PROJECTS LIMITED
    SpecialPromoters have an interest in it
    86.43% for13.57% against

    Against: promoters 0.00% · institutions 0.00% · other public 93.79%

    Turnout: all 1.33% · promoters 0.00% · institutions 6.58% · other public 0.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2024, 9 resolutions

Present: 3 promoters and 80 others.

  1. Adoption of the Audited Financial Statements including audited consolidated financial statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  2. To appoint a Director in place of Mr. Bipin Agarwal (DIN: 00001276), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.16% · promoters 76.36% · institutions 6.58% · other public 4.41%

  3. Re-appointment of Mr. Milind S. Desai (DIN: 00326235) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  4. Appointment of Mr. Shankar Narayan Mokashi (DIN: 08943356) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  5. Appointment of Mr. Narayanan Rangarajan (DIN: 02509649) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  6. Variation in terms of remuneration of Dr. Bidhubhusan Samal, Executive Chairman of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  7. Re-appointment of Dr. Bidhubhusan Samal (DIN: 00007256) as an Executive Chairman
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.29% · promoters 76.61% · institutions 6.58% · other public 4.41%

  8. Appointment of Mr. Bipin Agarwal (DIN: 00001276), Director as Managing Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 41.16% · promoters 76.36% · institutions 6.58% · other public 4.41%

  9. Entering into Rent Agreement with Nimbus Projects Limited for their property situated at 1001-1006, Narain Manzil, 10th Floor, 23, Barakhamba Road, New Delhi, Delhi, 110001 for the purpose of opening of Corporate Office of the CompanyMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 2.56% · promoters 0.00% · institutions 6.58% · other public 4.41%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Feb 2024, 1 resolution
  1. Appointment of Mr. S. Thiruvenkatachari (DIN: 10424695) as a Non Executive / Non Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.01%

    Turnout: all 59.20% · promoters 99.73% · institutions 23.94% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 4 Jan 2024, 1 resolution
  1. To approve sale, disposal and leasing of assets exceeding 20% of the assets of the material subsidiary of the Company, IITL PROJECTS LIMITED
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 4.72% · promoters 0.00% · institutions 23.94% · other public 9.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
22Dec 2400Mar 2500Jun 2500Sep 2510Dec 2512Mar 2633Jun 2600Sep 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 251Dec 250Mar 260Jun 260Sep 26
At most 1 complaint open, quarter to Dec 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.