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Industrial Investment Trust informs about Outcome of Board Meeting

03 Apr 2014 Evaluate

Industrial Investment Trust has informed that the Board of Directors of the Company at its meeting held on April 03, 2014 has accorded their approval for issue and allotment of 7,20,000 equity shares upon Conversion of 7,20,000, 10% Compulsorily Convertible Preference Shares to the Promoters, N.N. Financial Services Private Limited and Nimbus (India) Limited issued on preferential basis being the third and the last tranche of allotment.

The above information is a part of company’s filings submitted to BSE.

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