NSEUpdates2d ago · 7 Nov 2026, 11:20 pm

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International Conveyors Limited · INTLCONV

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International Conveyors Limited has informed the Exchange regarding the proposed conversion of its Wholly Owned Subsidiary, International Belting Limited, from a Public Limited Company to a Private Limited Company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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International Conveyors Limited has informed the Exchange regarding 'proposed conversion of Wholly Owned Subsidiary from Public Limited Company to Private Limited Company'.

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INTLCONV_07112026231951_IntimationtoStockExchangesigned.pdf

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ICL/DS/2026-27/556 November 07, 2026 The Manager The General Manager Listing Department Dept. Of Corporate Services National Stock Exchange of BSE Ltd. India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Plot No C-1, G Block, Mumbai-400001 Bandra- Kurla Complex, Scrip Code-509709 Bandra (East), Mumbai-400051 Symbol-INTLCONV Dear Sir/Madam, Sub: Intimation regarding proposed conversion of Wholly Owned Subsidiary from Public Limited Company to Private Limited Company Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, we wish to inform that the Board of Directors of “International Belting Limited”, a Wholly Owned Subsidiary of the Company, at its meeting held on November 07, 2026, has approved the proposal for conversion the status of the subsidiary company from a Public Limited Company to a Private Limited Company, subject to the approval of its shareholders, the Regional Director, Ministry of Corporate Affairs, and such other statutory approvals as may be required. Upon receipt of the requisite approvals and completion of the required formalities under the applicable provisions of the Companies Act, 2013, the name of the subsidiary company is proposed to be changed from “International Belting Limited” to “International Belting Private Limited”. The proposed conversion is limited to a change in the legal status of the subsidiary company and shall not have any material impact on the business operations of the Company. International Belting Limited shall continue to remain a Wholly Owned Subsidiary of the Company. We request you to kindly take the same on record. Thanking you, Yours Faithfully, For International Conveyors Limited Dipti Sharma Company Secretary & Compliance Officer