93rd Annual Report along with Notice of Annual General Meeting (AGM) as per Regulation 34(1)(a) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015

August 25, 2026 The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited Dalal Street Exchange Plaza, 5th Floor Mumbai – 400 001 Plot No. C/1, G Block BKC, Bandra (E), Mumbai 400 051 BSE Code: 501295 NSE Scrip Symbol: IITL Dear Sir, Sub: Submission of 93rd Annual Report along with Notice of Annual General Meeting as per Regulation 34(1) (a) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. Pursuant to Regulation 34 (1) (a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the 93rd Annual Report for the Financial Year ended March 31, 2026 along with Notice of 93rd Annual General Meeting of the Company scheduled to be held on Thursday, September 17, 2026 at 3.00 p.m, through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The Notice and Annual Report for the Financial Year 2025-2026 is uploaded on the website of the Company at https://www.iitlgroup.com You are requested to take the same on your record. Thanking you, Yours faithfully, For Industrial Investment Trust Limited Cumi Banerjee CEO (Secretarial, Legal and Admin) & Company Secretary Encl: A/a ANNUAL REPORT 2025-26 93rd ANNUAL GENERAL MEETING Thursday, September 17, 2026 at 3.00 p.m. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) CONTENTS Page No. Board of Directors 1 Notice of the Annual General Meeting 2 - 17 Directors’ Report 18 - 36 Management Discussion and Analysis Report 37 - 39 Report on Corporate Governance 40 - 58 Independent Auditors’ Report of Standalone Financial Statements 59 - 67 Standalone Financial Statements 68 - 130 Independent Auditors’ Report of Consolidated Financial Statements 131 - 138 Consolidated Financial Statements 139 - 187 The Annual Report can be accessed at www.iitlgroup.com Industrial Investment Trust Limited Annual Report 2025-2026 IndustrIal Investment trust lImIted CIn: l65990mH1933PlC001998 BOARD OF DIRECTORS : Dr. Bidhubhusan Samal - Chairman Mr. Bipin Agarwal - Managing Director Ms. Sujata Chattopadhyay Mr. Milind S. Desai Mr. S. Thiruvenkatachari Mr. Shankar N. Mokashi Mr. Narayanan Rangarajan Ms. Cumi Banerjee - CEO (Secretarial, Legal and Admin) & Company Secretary Mr. Gorakh Ingale - Group CFO (appointed w.e.f. November 12, 2025) Mr. Mithilesh Kumar - CEO – NBFC (appointed w.e.f. April 09, 2026) Mr. Sameer Gaikwad - CEO - NBFC Operations (upto April 23, 2026) BANKERS : Axis Bank Limited Union Bank of India AUDITORS : Maharaj N R Suresh and Co., LLP Chartered Accountants (Firm Registration No. 001931S / S000020) REGISTRAR & SHARE : MUFG Intime India Private Limited TRANSFER AGENTS (formerly Link Intime India Private Limited) C-101, 247 Park, L. B. S. Marg, Vikhroli (W), Mumbai 400 083 Tel: 8108116767 Toll-free number: 1800 1020 878 Email address: investor.helpdesk@in.mpms.mufg.com Website: https://in.mpms.mufg.com/ REGISTERED OFFICE : Office No.101A, ‘The Capital’, G Block, Plot No.C-70, Bandra Kurla Complex, Bandra East, Mumbai - 400051 Tel: 022 43250100 Email address: iitl@iitlgroup.com Website: www.iitlgroup.com CORPORATE OFFICE : 1001-1006, Narain Manzil, 10th Floor, 23, Barakhamba Road, New Delhi, Delhi, 110001 PB 1 Industrial Investment Trust Limited Annual Report 2025-2026 NOTICE is hereby given that the Ninety Third Annual General transaction(s) / contract(s) / arrangement(s) / agreement(s) Meeting of the Members of Industrial Investment Trust Limited is being carried out at an arm’s length prices and in the will be held on Thursday, September 17, 2026 at 3.00 p.m. IST ordinary course of business. through Video Conferencing (“VC”) / Other Audio-Visual Means RESOLVED FURTHER THAT the Board of Directors of the (“OAVM”) facility to transact the following business: Company (including any Committee thereof) be authorised ORDINARY BUSINESS to do all such acts, deeds, matters and things as it may deem fit at its absolute discretion and to take all such steps 1. To receive, consider and adopt the audited financial as may be required in this connection including finalizing statements including audited consolidated financial and executing necessary contract(s), agreement(s) and statements of the Company for the financial year ended such other documents as may be required, seeking all March 31, 2026 together with the Reports of the Board of necessary approvals to give effect to this Resolution, for Directors and Auditors thereon. and on behalf of the Company and settling all such issues, 2. To appoint a Director in place of Mr. S. Thiruvenkatachari questions, difficulties or doubts whatsoever that may arise (DIN: 10424695), who retires by rotation at this Annual and to take all such decisions with regard to the powers General Meeting and being eligible, offers himself for herein conferred to, without being required to seek further re-appointment. consent or approval of the Members or otherwise to the end and intent that the Members shall be deemed to have SPECIAL BUSINESS given their approval thereto expressly by the authority of 3. Approval of Related Party Transactions under this Resolution. Regulation 23 of the Securities and Exchange Board of RESOLVED FURTHER THAT all actions taken by India (Listing Obligations and Disclosure Requirements) the Board of Directors of the Company (including any Regulations, 2015 with Nimbus Projects Limited, a Committee thereof) in connection with any matter referred group company to or contemplated in this Resolution, be approved, ratified To consider, and if thought fit, to pass with or without and confirmed in all respects.” modifications, the following Resolution as an Ordinary 4. Approval of Related Party Transactions under Resolution: Regulation 23 of the Securities and Exchange “RESOLVED THAT pursuant to the provisions of Regulations Board of India (Listing Obligations and Disclosure 2(1)(zc), 23(4) and other applicable Regulations, if any, Requirements) Regulations, 2015 with IITL Projects of the Securities and Exchange Board of India (Listing Limited, a subsidiary company Obligations and Disclosure Requirements) Regulations, To consider, and if thought fit, to pass with or without 2015 (‘SEBI Listing Regulations’), as amended from time to modifications, the following Resolution as an Ordinary time, Sections 2(76), 188 and other applicable provisions of Resolution: the Companies Act, 2013 (‘Act’) read with the Rules framed thereunder [including any statutory modification(s) or “RESOLVED THAT pursuant to the provisions of Regulations re-enactment(s) thereof for the time being in force] and other 2(1)(zc), 23(4) and other applicable Regulations, if any, applicable laws / statutory provisions, if any, the Company’s of the Securities and Exchange Board of India (Listing Policy on Related Party Transactions as well as subject to Obligations and Disclosure Requirements) Regulations, such approval(s), consent(s) and/or permission(s), as may 2015 (‘SEBI Listing Regulations’), as amended from time to be required and based on the recommendation of the Audit time, Sections 2(76), 188 and other applicable provisions of Committee and the Board of Directors, approval of the the Companies Act, 2013 (‘Act’) read with the Rules framed Members of the Company be and is hereby accorded to the thereunder [including any statutory modification(s) or re- Company to enter / proposed to be entered into the Material enactment(s) thereof for the time being in force] and other Related Party Transaction(s) / Contract(s) / Arrangement(s) applicable laws / statutory provisions, if any, the Company’s / Agreement(s) (whether by way of an individual transaction Policy on Related Party Transactions as well as subject to or transactions taken together or a series of transactions such approval(s), consent(s) and/or permission(s), as may or otherwise), falling within the definition of ‘Related Party be required and based on the recommendation of the Audit Transaction’ un [Showing first 8,000 characters — download PDF for full document]