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, part of the promoter group of International Conveyors Ltd, has acquired 30,263 equity shares of the company through the open market on June 10, 2025. This represents about 0.05% of the company's total equity share capital. Following this purchase, the promoter group's combined holding in International Conveyors has gone up from 4,38,59,278 shares (69.20%) to 4,38,89,541 shares (69.25%). The acquisition has been carried out by Elpro International Ltd along with its Persons Acting in Concert (PACs), which include entities like I.G.E. (India) Pvt Ltd, Surbhit Dabriwala, Dabri Properties & Trading Company, and R.C.A. Ltd. The total equity share capital of International Conveyors stands at 6,33,79,000 shares of Re. 1 each. No encumbrance (pledge/lien) activity is involved in this transaction.
This is a small, routine open-market purchase by the promoter group, showing continued confidence in the company. Given the marginal 0.05% increase, there is no material impact on the share price or control structure, as the promoter holding remains firmly above 69%.