Announced Thu, 25 Jun · 13:38 IST
Promoter IGE India releases pledge on 7 percent Elpro International shares
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
+0.0%1-day move
₹172.00
prior close
₹172.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.1+0.1+0.0+0.0+0.2+0.3+0.9+1.3+1.6+3.8——
Up moveDown movePending
AI summary
IGE (India) Private Limited, a promoter group entity of Elpro International Ltd, released a pledge on 1,18,63,539 equity shares (about 7 percent of total share capital) on June 23, 2026. The pledge was held by CTL Trusteeship Limited acting as Debenture Trustee on behalf of debenture holders. IGE India continues to hold 11,50,46,326 shares (67.88 percent) in Elpro, with encumbered shares falling from 65 percent to 58 percent of share capital post-release.
Likely market impact
Pledge release is a positive signal. Encumbered promoter shares drop from 65 to 58 percent, lowering forced-sale risk for retail investors.