The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Elpro International Ltd
INTLCONV · price
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Awaiting price reaction for this filing.
Elpro International Limited, part of the promoter group of International Conveyors Limited, acquired 5,170 equity shares through the open market on September 12, 2025. The purchase is tiny, representing just 0.01% of the company's share capital. After this acquisition, the combined promoter group holding stands at 4,44,09,009 shares or 70.07%, marginally up from 70.06% earlier. The total equity share capital of International Conveyors is 6,33,79,000 shares of Re. 1 each. The filing was made by Elpro International on behalf of itself and several persons acting in concert (PACs) including I.G.E. (India) Pvt Ltd, Surbhit Dabriwala, and others.
This is a very small, routine purchase by the promoter group which already controls over 70% of the company, so it has no material impact on stock price or ownership dynamics. It simply shows minor promoter confidence but does not change the controlling structure of the company.