Elpro International Limited has progressed its voluntary delisting initiative by appointing M/s. Janmejay Singh Rajput & Associates as Practicing Company Secretary to conduct mandatory due diligence under SEBI Delisting Regulations. This appointment represents the next phase in the company's delisting process following the initial public announcement made on May 1, 2026.

Due Diligence Appointment Details

The company has formally appointed qualified professionals to ensure regulatory compliance throughout the delisting process. The appointment addresses specific requirements under SEBI Delisting Regulations for independent verification and reporting.

Regulatory Compliance Framework

The Practicing Company Secretary will fulfill dual responsibilities under the delisting regulations. These appointments ensure adherence to regulatory requirements and provide independent oversight of the delisting process.

Key Responsibilities:

• Due Diligence Report: Conducting comprehensive due diligence and submitting report under Regulation 10(3) of SEBI Delisting Regulations
• Audit Report Submission: Preparing and submitting audit report as required under Regulation 10(5) read with Regulation 12(2)
• Regulatory Compliance: Ensuring all procedural requirements are met in accordance with applicable provisions

Delisting Proposal Background

The voluntary delisting initiative involves key promoter group entities working to acquire all public shareholdings. The proposal targets acquiring equity shares from public shareholders representing 25.00% of paid-up equity capital.

Promoter Group Structure

The current shareholding pattern reveals concentrated promoter group ownership, with the delisting aimed at achieving complete control over the company's operations.

Next Steps in Delisting Process

The appointment of the Practicing Company Secretary marks a crucial milestone in the delisting timeline. The due diligence process will evaluate various aspects of the proposed delisting to ensure compliance with regulatory requirements and shareholder protection measures.

The delisting process will continue through structured phases including board approval, shareholder approval through special resolution, and completion of all statutory and regulatory clearances as mandated under SEBI Delisting Regulations 2021.

Elpro International Limited has issued a public notice through newspaper advertisements regarding the second "100 days Campaign - Saksham Niveshak" initiative, as disclosed under SEBI regulations on April 30, 2026.

Regulatory Disclosure Details

The company submitted the disclosure to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newspaper advertisement was published on Thursday, April 30, 2026, to inform shareholders about the campaign launch.

Campaign Overview

The Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, has re-launched the second "100 days Campaign - Saksham Niveshak" with expanded scope. This initiative aims to facilitate direct payment of unclaimed/unpaid dividends to rightful shareholders by companies.

Campaign Timeline and Objectives

Shareholder Action Required

Shareholders who have not claimed their dividends are encouraged to update their KYC details and claim the said dividends during the campaign period. The company has provided multiple channels for shareholders to access information and submit required documentation.

Available Resources and Processes

• Company Website: Process details and draft forms available at www.elpro.co.in
• RTA Website: KYC information accessible at web.in.mps.mufg.com/KYC-downloads.html
• Multiple Submission Modes: Physical post, email, and online portal options

Document Submission Methods

Shareholders can submit their KYC updates through three convenient methods:

• Physical Post: Self-attested and dated copies to MUFG Intime India Private Limited
• Email Submission: From registered email ID with digitally signed documents to investor.helpdesk@in.mps.mufg.com or ir@elpro.co.in
• Online Portal: Upload via SWAYAM Portal at swayam.in.mps.mufg.com

Company Contact Information

For assistance regarding the campaign, shareholders can contact the company at ir@elpro.co.in . The disclosure was signed by Rushabh Ajmera, Company Secretary, and is available on the company's website for shareholder reference.

This initiative represents the company's commitment to shareholder welfare and compliance with regulatory requirements for investor protection and education.