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Elpro’s fixed-price delisting succeeded after 3,05,45,122 public shares were tendered at ₹181.80 each across 745 successful bids. Promoters and promoter group will hold 15,76,54,092 shares, or 93.02% of issued equity, exceeding the 90% threshold. Context: resolves the company’s principal near-term corporate-action uncertainty.
IGE India Pledges 59.86 Lakh Elpro Shares as Additional Collateral
IGE India Pledges 5.88 Million Elpro Shares as Additional Collateral
Elpro International Promoters Pledge 58% Equity for ₹420 Crore Debentures