Elpro International has voluntarily delisted its equity shares from the Calcutta Stock Exchange (CSE) effective July 10, 2026. The delisting was granted by CSE via Notice No. CSE/LD/DL/18147/2026 dated July 9, 2026, and was conducted in compliance with the SEBI (Delisting of Equity Shares) Regulations, 2021. Consequently, the company's shares have been removed from the official list of the CSE from the specified date.

The company submitted an intimation to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication confirmed that the delisting applies exclusively to the CSE, with no impact on its listing status on other stock exchanges.

Delisting Details

The following table outlines the specific details of the delisting as provided by the Calcutta Stock Exchange:

The regulatory approval marks the final step in the voluntary delisting process, which was initiated to streamline the company's market presence. The notice from CSE confirmed that the delisting was consequent upon the approval of the voluntary delisting request by the exchange under the relevant SEBI regulations.

Elpro International Ltd acquired 3,47,585 equity shares in Greaves Cotton Limited for INR 7.85 Crores on July 3, 2026. The acquisition was made through cash consideration for investment purposes, increasing the company's total holding in the target entity to 8,09,160 equity shares. Prior to this transaction, Elpro International held 4,61,575 equity shares in Greaves Cotton.

The disclosure was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deepak Kumar Ajmera, Chief Financial Officer of Elpro International, signed the filing confirming the transaction details.

Greaves Cotton Limited operates in the compressors, pumps, and diesel engines industry. The entity reported a consolidated turnover of INR 3,486.61 Crores for the financial year 2025-26, according to its last audited financials. The company is not a related party transaction, and no governmental or regulatory approvals were required for the acquisition.

Financial Performance of Greaves Cotton

Greaves Cotton has demonstrated consistent revenue growth over the past three financial years. The company's total turnover increased from INR 2,697.95 Crores in FY 2023-24 to INR 2,973.10 Crores in FY 2024-25, and further to INR 3,486.61 Crores in FY 2025-26.

Transaction Details

The acquisition details were outlined in Annexure A of the regulatory filing. The cost of acquisition was explicitly stated as INR 7.85 Crores for the fresh purchase of 3,47,585 shares. The target entity, incorporated on March 29, 1922, has a presence in India and is recognized for its diversified engineering products.