The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Elpro International Ltd
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Elpro International Ltd, part of the promoter group of International Conveyors Ltd, bought 61,704 equity shares (0.10% of total capital) through the open market on June 19, 2025. The promoter group's combined holding rose marginally from 69.70% (4,41,76,608 shares) to 69.80% (4,42,38,312 shares). All other promoter/PAC entities (I.G.E. India, Surbhit Dabriwala, Smiti Somany, etc.) showed no change in their individual holdings, confirming only Elpro International Ltd was the acquirer. The total equity capital of the company remained unchanged at 6,33,79,000 shares.
This is a small promoter-group purchase (creeping acquisition within the 5% annual limit), signalling continued promoter confidence. The tiny 0.10% bump is unlikely to materially move the stock price but reinforces promoter control at nearly 70%.