Elpro International Ltd — Important, 27-07-2026: Company Update

Elpro International's promoter group, including I G E (India) and Zenox Technology, has initiated a voluntary delisting offer from BSE. They aim to acquire all 25% public shares at a fixed price of ₹181.80 per share. This move seeks to provide the company with greater operational and strategic flexibility while reducing compliance costs. Public shareholders have an opportunity to exit at a premium to the calculated floor price. The total outlay for public shares is approximately ₹770.29 crore. A committee of independent directors will provide their assessment before the tendering period, which is set for August 4-10.