StockWatch
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Residential- Commercial Projects
Delisting12 Aug 2026, 11:11 am

Elpro International Delisting Offer Successful

AI Summary

Elpro International Ltd announced the successful completion of its delisting offer. The offer, made by I G E (India) Private Limited and Zenox Technology Services Private Limited, along with persons acting in concert, aimed to acquire all equity shares held by public shareholders and subsequently delist the company from BSE Limited. The tendering period concluded on August 10, 2026, and the outcome confirmed that the minimum shareholding threshold of 90% for the acquirers and promoter group was met, making the delisting successful. The Post Offer Public Announcement was published on August 12, 2026.

Key Highlights

  • Delisting offer for Elpro International Ltd equity shares is successful.
  • Acquirers and promoter group now hold over 90% of total equity shares.
  • The company will be delisted from BSE Limited.
  • Offer was managed by Motilal Oswal Investment Advisors Limited.