Elpro International raises stake in International Conveyors

Elpro International Limited and its persons acting in concert (PACs) have increased their stake in International Conveyors Limited by acquiring 9,123 equity shares through an open market transaction on September 9, 2025. This acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Elpro International and PACs held 44,381,451 shares, representing 70.02% of International Conveyors' total share capital. Following the acquisition, their total holding now stands at 44,390,574 equity shares, increasing their percentage to 70.03%. International Conveyors' total equity share capital is 63,379,000 equity shares of Re. 1/- each.

Elpro International Limited is part of the promoter group of International Conveyors Limited, which is listed on both BSE Limited and The National Stock Exchange of India Limited.