Announced Thu, 6 Aug · 20:11 IST
Elpro International acquires stake in GMM Pflauder for Rs 10 Cr
ELPROINTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹178.40
prior close
₹178.93
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4+0.1-1.9-1.9-2.3-1.8-1.9-1.6————
Up moveDown movePending
AI summary
Elpro International acquired 1,03,745 equity shares (fresh) of GMM Pflauder Limited for Rs 10 Cr in cash. Target is an industrial products company with FY25-26 revenue from operations of Rs 3,523.94 Cr (total income Rs 3,569.01 Cr). Not a related party deal. Purpose cited as investment.
Likely market impact
Minority investment stake of Rs 10 Cr in a much larger firm. No related party concerns. Limited immediate impact on Elpro's own operations.