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Industrial Investment Trust Ltd logo

Industrial Investment Trust Ltd

NSE: IITL BSE: 501295

₹162.77

(0.24%)

Mon, 25 May 2026, 00:46 pm

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Company History

1933

  • The Company was incorporated in Mumbai
  • The Company started carrying on the business of investment and leasing

1987

  • Industrial Investment Trust Corporate Services, Ltd. became a subsidiary of the Company
  • 99,985 bonus shares were issued in prop. 1:1

1988

  • IIT Capital Services, Ltd. was promoted as a subsidiary of the Company
  • 15 forfeited equity shares were reissued to employees
  • Another 15 shares were issued to employees to make the subscribed capital Rs 200,00,000

1991

  • 1,00,000 bonus shares were issued in the prop. 1:2

1992

  • The Company was registered with SEBI as category 1 Merchant Banker
  • The Company promoted jointly with a team of professionals a new company called IIT Investment Trust Pvt. Ltd.
  • The Company proposed to subdivide the existing Rs 100 equity share into Rs 10 equity share

1993

  • The Company established itself in the field of lease/hire purchase business, bill discounting and short term money market
  • The Company acted as Debenture Trustees to Ambalal Sarabhai Enterprises, Ltd., Hindustan Ferodo Ltd., The Stock Exchange, Mumbai, Star Industrial & Textile Enterprises Ltd., and J.K. Cotton Spinning & Weaving Mills Co., Ltd.
  • 2,00,000 bonus shares were issued in prop. 2:3

1995

  • Equity shares of Rs 100 each were subdivided into shares of Rs 10 each

1996

  • 50,00,000 bonus shares were issued in proportion 1:1

2008

  • Industrial Investment Trust Ltd appointed Mr. Bipin Agarwal and Mr. Swaran Singh as Additional Directors
  • Industrial Investment Trust Ltd appointed Mr. R K Mittal as an Additional Director on the Board of the Company

2009

  • Mr. R S Loona was appointed as an Additional Director of the Company
  • Industrial Investment Trust Ltd recommended 10% dividend i.e. Re 1 per share

2010

  • Company incorporated a Wholly Owned Subsidiary namely IIT Media and Entertainment Pvt. Ltd
  • Company entered into a Share Purchase Agreement

2011

  • Industrial Investment Trust Ltd recommended a Dividend of Rs. 1.50 per share

2012

  • Industrial Investment Trust Ltd recommended a Dividend of Rs. 1.50 per share

2013

  • The Board recommended a Dividend of Rs. 1.50 per equity share of Rs. 10

2014

  • The Board recommended a Dividend at the rate of 17.50% i.e Rs. 1.75 per equity share of Rs. 10/- each