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 Ltd, part of the promoter group of International Conveyors Ltd, has purchased 5,170 equity shares through the open market on September 12, 2025. This takes the combined promoter and PAC (persons acting in concert) holding from 4,44,03,839 shares (70.06%) to 4,44,09,009 shares (70.07%). The increase is negligible at just 0.01% and involves no encumbrance creation, release, or invocation. Total equity share capital of International Conveyors stands at 6,33,79,000 shares of Re. 1 each.
This is a minor confidence-building buy by the promoter group rather than a significant stake change. With promoter holding at 70.07%, the company has limited public float, so any further promoter buying approaches the 75% maximum non-public shareholding cap, which is a long-term structural constraint for the stock.