Announced Wed, 19 Aug · 19:14 IST
Revised disclosure: Promoter IGE India pledges about 75% of 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
+1.1%1-day move
₹175.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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Up moveDown movePending
AI summary
Promoter IGE India and group members encumbered 12.71 crore shares (about 75% of Elpro International share capital, 99.99% of promoter holding) as collateral for group company debentures and a term loan facility from Kotak Mahindra Bank for Zenox Technology Services. Lenders include DSP Finance and Kotak Mahindra Bank. A pledge release of about 1.18 crore shares happened on June 23, 2026. Revised disclosure filed August 19, 2026.
Likely market impact
Nearly all promoter shares are pledged, signaling high leverage. Risk rises if share price falls or lenders recall the loans.