INTLCONVBSEInternational Conveyors LtdLowPositive
Announced Sat, 13 Sept · 14:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Elpro International Ltd & PACs

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

INTLCONV · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Elpro International Ltd, part of the promoter group of International Conveyors Ltd, along with persons acting in concert (PACs), purchased 11,263 equity shares (0.02%) through the open market on September 8, 2025. This nudged the collective promoter group holding from 70.00% (4,43,70,188 shares) to 70.02% (4,43,81,451 shares). The buyer belongs to the promoter/promoter group category, and the disclosure was filed to comply with SEBI's substantial acquisition reporting rules. The total equity share capital of the company is 6,33,79,000 shares of Re. 1 each.

Likely market impact

The purchase is tiny and largely symbolic, but reaffirms promoter confidence in the company at current levels. With promoter holding already above 70%, free float remains limited, which may keep trading liquidity modest for retail investors.