Shareholding25 Jun 2026, 01:39 pm
Elpro International: Promoter group releases pledge on 1.18 Cr shares
AI Summary
Elpro International Limited has announced the release of a pledge over 1,18,63,539 equity shares, representing 7.00% of the total share capital. This action was undertaken by IGE (India) Private Limited, a promoter group entity, and was reported on June 24, 2026. The release pertains to shares previously pledged with CTL Trusteeship Limited acting as Debenture Trustee on behalf of Debenture Holders. This move signifies a reduction in encumbrance on promoter holdings.
Key Highlights
- Promoter group IGE (India) Pvt Ltd released pledge on 1.18 Cr shares.
- The released shares constitute 7.00% of Elpro International's total share capital.
- The pledge was released on June 23, 2026.
- This action reduces the encumbrance on promoter holdings.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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