IGE (India) Pvt Ltd Pledges Elpro International Shares

IGE (India) Private Limited, part of the promoter group of Elpro International Limited, has disclosed the creation of a pledge over its equity shares. This action, reported on June 23, 2026, under SEBI's Takeover Regulations, involves 9,82,97,894 shares, representing 58.00% of the promoter's holding and 61.47% of the total share capital. The pledge is in favour of CTL Trusteeship Limited, acting as Debenture Trustee for debenture holders, and serves as collateral for the issuance of debentures by the company or its group entities. The disclosure details the specific number of shares pledged and the reasons behind the encumbrance.