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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Elpro International Limited, along with Persons Acting in Concert (PACs), has disclosed an open market acquisition of 3,582 equity shares of International Conveyors Limited on September 11, 2025, under SEBI SAST Regulation 29(2). The acquirer belongs to the promoter/promoter group. Before the transaction, the promoter group's combined holding stood at 4,44,00,257 shares (70.05% of the equity capital), which has marginally increased to 4,44,03,839 shares (70.06%) after the purchase. The acquisition represents only a 0.01% increase in stake, with total equity share capital of the company remaining unchanged at 6,33,79,000 shares of Re. 1 each.
This is a very minor incremental purchase by the promoter group, which already holds a dominant 70%+ stake. The transaction signals continued promoter confidence but is too small to materially affect shareholding structure or stock price.