ALPHA TRIBE

Elpro International LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

CTL Trusteeship Limited, acting as a debenture trustee, has secured 126,654,874 equity shares of Elpro International Limited through an encumbrance agreement. This pledge represents a substantial 74.73% of Elpro International's total voting capital, providing significant security to the debenture holders. The shares were encumbered by IGE (India) Private Limited and R.C.A Limited. Elpro International's total equity share capital is Rs. 16.95 Crore. This transaction gives debenture holders substantial influence over the company.

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