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BSE has announced the outcome of the fixed price delisting process for Elpro International Limited, initiated by acquirers I G E (India) Private Limited and Zenox Technology Services Private Limited. The delisting offer, conducted between August 4, 2026, and August 10, 2026, sought to acquire up to 42,370,160 equity shares from public shareholders at a fixed price of Rs. 181.80 per share. Following the analysis of tendering data by the Registrar and Manager to the offer, the acquirers are required to process payments to successful shareholders in accordance with the SEBI (Delisting of Equity Shares) Regulations, 2021, and the settlement procedures of the Indian Clearing Corporation Limited.
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[Image omitted. See the official document.]
| Notice No. | 20260810-24 |
| Notice Date | 10 Aug 2026 |
| Category | Trading |
| Segment | Equity |
| Department | Listing Business Relationship |
| Subject | Outcome of Fixed Price Delisting Process under regulation 17(3) of the Delisting Regulations of ELPRO INTERNATIONAL LIMITED |
| Attachments | Outcome_of_Fixed_Delisting_Price_Process_ELRPO_INTERNATIONAL_LTD |
[Image omitted. See the official document.]
This is in continuation with Exchange notice no 20260730-34 dated July 30, 2026, for the Delisting Offer of ELPRO INTERNATIONAL LIMITED (“The Company”) is made by i) I G E (India) Private Limited; and (ii) Zenox Technology Services Private Limited (formerly known as Zenox Trading and Manufacturing Private Limited) (collectively referred to as the “Acquirers”) to acquire upto 4,23,70,160 Equity Shares of face value of Rs.10.00/- each (“Equity Shares”) held by the public shareholders at the fixed price of Rs. Rs. 181.80/- (Rupees One Hundred Eighty One and Eighty Paise) Per Equity Share through Fixed Price Delisting Process, in accordance with the SEBI (Delisting of Equity Shares) Regulations, 2021, (The “Delisting Regulations”) from Tuesday, August 4, 2026, to Monday, August 10, 2026.
MUFG Intime India Private Limited (formerly Link Intime India Private Limited) (“Registrar to the Delisting Offer”) and Motilal Oswal Investment Advisors Limited (“Manager to the Delisting Offer”) have analyzed the tendering data received from BSE and in consultation with: (i) I G E (India) Private Limited; and (ii) Zenox Technology Services Private Limited (formerly known as Zenox Trading and Manufacturing Private Limited) (collectively referred to as the “Acquirers”) and the Registrar to the Delisting Offer, the outcome of the Fixed Price Delisting Process is hereby disclosed and announced in terms of Regulation 17(3) of the Delisting Regulations.
The Acquirers will make payment to all the successful shareholders who have tendered their equity shares in accordance with Regulation 24 and other applicable provisions of the Delisting Regulations, SEBI Circulars and the settlement calendar of Indian Clearing Corporation Limited.
The Outcome dated 10th August 2026 is attached herewith for your reference.
Mangesh Tayde
Vice President
Listing Business Relationship
August 10, 2026
