Elpro International Ltd

Ellico International Limited faces encumbrances on a significant portion of its shares, according to recent filings. IGE (India) Private Limited has pledged 9,82,97,894 shares, representing 58% of the company’s share capital, as security for INR 120 Crores in debentures initially backed by DSP Finance Private Limited. Subsequently, an additional 8,64,34,355 shares, or 51% of the share capital, were pledged to Kotak Mahindra Bank Limited to secure a rupee term loan facility of INR 300 Crores for Zenox Technology Services Private Limited. These transactions, disclosed to the BSE Limited on June 19 and July 14, 2026, are governed by facility agreements and corporate guarantees, and include a non-disposal undertaking covering 1,67,48,431 shares. The borrowed funds are intended to finance the acquisition of Ellico International Limited’s equity.

Ellico International Limited faces significant share pledges totaling approximately 18.1 million shares, representing roughly 110% of its share capital, to secure debt obligations for its promoter group, IGE (India) Private Limited, and Zenox Technology Services Private Limited. The pledges, held by CTL Trusteeship Limited, initially secured INR 120 crores and INR 300 crores in unlisted debentures, respectively. A non-disposal undertaking covers an additional 1.67 million shares, restricting their sale. Kotak Mahindra Bank Limited is the current lender, succeeding DSP Finance Private Limited. The borrowed funds are intended to finance the acquisition of Ellico International Limited equity shares, and a facility agreement aims to prevent dilution of promoter shareholding. These arrangements were disclosed to the BSE Limited on June 19 and July 14, 2026, following initial pledge agreements on June 17, 2026.

Elpro International Ltd. announced it has acquired 1,03,745 equity shares of GMM Pflauder Limited for an acquisition cost of Rs 10.00 crores, according to a regulatory filing on August 6, 2026. GMM Pflauder Limited reported a consolidated turnover of Rs 3,569.01 crore for the fiscal year 2025-26, and Rs 3,229.10 crore and Rs 3,446.50 crore for the fiscal years 2024-25 and 2023-24, respectively.

Elpro International has acquired additional 3,47,585 equity shares of Greaves Cotton for a investment of 7.85 crore. The company already held 4,61,575 equity share of Greaves Cotton.

Elpro International will hold a meeting of the Board of Directors of the Company on 8 May 2026.

Net loss of Elpro International reported to Rs 91.97 crore in the quarter ended March 2026 as against net profit of Rs 7.37 crore during the previous quarter ended March 2025. Sales rose 165.37% to Rs 185.44 crore in the quarter ended March 2026 as against Rs 69.88 crore during the previous quarter ended March 2025. For the full year,net profit rose 32.16% to Rs 87.37 crore in the year ended March 2026 as against Rs 66.11 crore during the previous year ended March 2025. Sales rose 35.34% to Rs 528.14 crore in the year ended March 2026 as against Rs 390.23 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales185.4469.88 165 528.14390.23 35 OPM %-38.2045.25 -29.6820.73 - PBDT-118.276.02 PL 115.5484.64 37 PBT-122.572.79 PL 100.3974.27 35 NP-91.977.37 PL 87.3766.11 32 Powered by Capital Market - Live

Elpro International will hold a meeting of the Board of Directors of the Company on 28 April 2026.

Net profit of Elpro International reported to Rs 93.80 crore in the quarter ended December 2025 as against net loss of Rs 21.03 crore during the previous quarter ended December 2024. Sales reported to Rs 189.45 crore in the quarter ended December 2025 as against Rs -6.95 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales189.45-6.95 LP OPM %71.44406.33 - PBDT134.61-24.31 LP PBT131.56-27.85 LP NP93.80-21.03 LP Powered by Capital Market - Live

Elpro International will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

Net profit of Elpro International declined 65.18% to Rs 11.22 crore in the quarter ended September 2025 as against Rs 32.22 crore during the previous quarter ended September 2024. Sales declined 74.10% to Rs 53.53 crore in the quarter ended September 2025 as against Rs 206.69 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales53.53206.69 -74 OPM %41.8613.64 - PBDT8.6440.79 -79 PBT3.9238.85 -90 NP11.2232.22 -65 Powered by Capital Market - Live