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Elpro International Limited's promoter, IGE (India) Private Limited, has pledged an additional 58,77,266 equity shares, representing 3.47% of the company's total share capital. This action increases the promoter's total encumbered shares from 58.00% to 61.47% of their holding. The shares are pledged in favour of CTL Trusteeship Limited to serve as collateral for debentures issued by the company or its group entities. This development indicates the promoter group is leveraging its shareholding to secure funding.