ELPROINTLBSEELPRO INTERNATIONAL LTDHighNeutral
Announced Mon, 27 Jul · 13:24 IST

Elpro International voluntary delisting offer at Rs 181.80 per share

Voluntary Delisting ProposedCapital Market Events View source PDF

ELPROINTL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹176.48
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AI summary

Promoter group entities IGE India and Zenox, along with promoters Surbhit and Yamini Dabriwala, are making a voluntary delisting offer at a fixed price of Rs 181.80 per share, which is 15 percent above the floor price of Rs 158.07. The offer covers 4.23 crore shares representing 25 percent of paid-up capital. Tendering window runs August 4 to August 10, 2026. Public shareholders approved the delisting via postal ballot on June 10, 2026. BSE in-principle approval received July 24, 2026.

Likely market impact

Public shareholders can tender shares at Rs 181.80 between Aug 4-10, 2026. If the offer succeeds, the stock will delist from BSE ending public trading.