Promoter IGE India releases pledge on 7 percent Elpro International shares

Pledge releasedPromoter pledge above 50%Ownership Changes 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

₹172.00

prior close

₹172.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+0.6% vs market

Residential Commercial Projects peers, median of 65sector-0.6%+0.6% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.6 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

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Sessions after the filingfrom the prior close

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Reaction day

+0.0-0.6+0.6-0.6+0.6

Next day

+0.0-0.9+0.9-1.5+1.5

+0.0+0.1-0.1-0.4+0.5

+0.2+0.3-0.1+0.1+0.0

+0.3+1.2-0.8+0.6-0.2

+0.9+0.8+0.1+1.2-0.4

+1.3+0.3+1.0+0.7+0.6

15d

+1.6-0.2+1.8-0.6+2.2

+3.8+0.6+3.2+0.4+3.3

+1.5+4.7-3.2+1.1+0.4

-0.1+5.4-5.5-2.5+2.4

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

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.