Elpro International Ltd — Important, 01-05-2026: Company Update
01-05-2026 · 06:04 pm
Elpro International's promoter group has issued an Initial Public Announcement for voluntary delisting. The acquirers, part of the promoter group, intend to acquire all 4.23 Cr equity shares held by public shareholders, which represent 25% of the company's total 16.94 Cr shares. The move aims to gain full ownership for increased operational and financial flexibility, reduce compliance costs, and provide public shareholders an opportunity for immediate liquidity. The delisting price will be determined as per market rules, impacting all public shareholders.
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