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 Limited and its Persons Acting in Concert (PACs), who are part of the promoter/promoter group of International Conveyors Ltd, acquired 3,582 equity shares through the open market on September 11, 2025. This minor purchase lifted their combined holding from 4,44,00,257 shares (70.05%) to 4,44,03,839 shares (70.06%) of the company. The specific acquirer, Elpro International Limited, increased its individual stake from 1.45% to 1.46%. The filing was made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is a token purchase (just 0.01% change) by the promoter group and signals continued promoter confidence in the company. It has negligible impact on shareholding pattern or stock price, as the promoter group already holds a dominant 70%+ stake.