Revised SAST disclosure: 75 percent of promoter stake encumbered at Elpro

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

ELPROINTL · price

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

+0.1%Reaction day

₹175.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.4% vs market

Residential Commercial Projects peers, median of 64sector+0.9%-0.8% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.8 pts less 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.5-0.4+0.9-0.8

Next day

+1.1+0.8+0.4+1.1+0.1

+0.0+1.0-1.0+1.3-1.2

-0.3+0.6-0.9+0.7-1.0

-0.4+1.2-1.6+0.6-1.0

-0.6+0.9-1.6-0.2-0.4

-0.7+1.6-2.3-0.5-0.2

15d

-0.7+1.9-2.5-3.6+2.9

-1.3+0.8-2.1-4.2+2.9

-4.6-5.7+1.1-9.6+5.1

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 64Pending

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

AI summary

Revised SAST Reg 31 disclosure from promoter IGE (India) consolidating June-July 2026 events. Promoters hold 75% stake (12.71 crore shares), of which 99.99% (12.66 crore) are now pledged or encumbered. These secure INR 420 Crores of debentures issued by IGE and Zenox Tech Services to DSP Finance, plus a rupee term loan from Kotak Mahindra Bank. End use: part-financing acquisition of Elpro shares.

Likely market impact

Nearly all promoter shares are now pledged, raising risk of margin calls or forced sale if loan terms are breached. Watch for any invocation events.