The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Elpro International Ltd & PACs
INTLCONV · price
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Elpro International Ltd and its Persons Acting in Concert (PACs) bought 9,123 equity shares of International Conveyors Ltd in the open market on September 9, 2025. This is a very small acquisition of just 0.01% of the company's share capital. The promoter group's combined holding rose marginally from 4,43,81,451 shares (70.02%) to 4,43,90,574 shares (70.03%). The acquisition was carried out solely by Elpro International Ltd, whose own stake went from 1.42% to 1.43%. The filing is a routine disclosure under SEBI's Takeover Regulations to report continued buying by the promoter group.
The acquisition is too small (9,123 shares) to have any meaningful impact on the stock price or shareholder value. It reflects routine promoter-level buying to maintain consolidated holdings well above the 70% mark, signalling promoter confidence but with no material change in control.