ALPHA TRIBE

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

01-01-1970 | 12:00 am

Elpro International's promoters have provided an updated disclosure regarding the encumbrance of their equity shares. A substantial 75.00% of the company's total shares, which represents nearly 99.99% of the promoter's holding, is encumbered. These shares serve as collateral for debentures issued by the company/group companies and as security for an additional rupee term loan for Zenox Technology Services Private Limited, a group entity. This move helps finance the acquisition of Elpro International shares and covers related expenses.

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