Elpro International Delisting Successful at Rs 181.80 per share

Voluntary Delisting ProposedCapital Market Events View source PDF Explain this filing

ELPROINTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹175.00

prior close

₹170.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+0.2% vs market

Residential Commercial Projects peers, median of 65sector-0.4%+0.4% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.4 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.5

10m

+2.9

15m

+2.5

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-0.2+0.2-0.4+0.4

Next day

-0.4+0.2-0.6-1.3+0.9

+0.1+0.4-0.2-0.1+0.3

+0.0+0.4-0.4+0.2-0.2

+0.2+0.6-0.4+0.1+0.1

+0.3+0.9-0.7-0.6+0.9

+0.1+0.9-0.7-0.6+0.7

15d

+0.1+0.9-0.9-2.5+2.5

-0.6+2.3-2.9-5.1+4.5

-1.1-1.1-0.0-8.6+7.5

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Elpro International's voluntary delisting from BSE has succeeded. Acquirers IGE India and Zenox Technology fixed the delisting price at Rs. 181.80 per share, above the floor price of Rs. 158.07. Public shareholders tendered 3.05 crore shares across 745 successful bids. Post-offer promoter shareholding rose from 75% to 93.02%, crossing the 90% threshold required under SEBI rules. The stock will now be delisted from BSE.

Likely market impact

Public shareholders who tendered get Rs. 181.80 per share. Stock will be delisted from BSE shortly. Remaining minority holders face illiquid shares.