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Industrial Inv
BSE: 501295NSE: IITLISIN: INE886A01014

14th-Jun-2019 19:06Source: BSE

Industrial Investment Trust - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we hereby inform you that IIT Investrust Limited, a subsidiary of the Company has made application to BSE Limited and National Stock Exchange of India Limited for voluntary closure of Stock Broking business and surrender of membership with the Exchanges.

Further, the Company had, in the year 2012, extended a corporate guarantee of Rs.25.34 crores in favor of Canara Bank for securing the loans granted to one of its associate companies, World Resorts Limited. The said corporate guarantee has been released by Canara Bank on satisfaction of outstanding dues in full.

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