BSECompany Update2d ago · 7 Nov 2026, 11:21 pm
Intimation regarding proposed conversion of Wholly Owned Subsidiary from Public Limited Company to Private Limited Company
International Conveyors Ltd · 509709
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International Conveyors Ltd's wholly owned subsidiary, International Belting Limited, plans to convert from a Public Limited Company to a Private Limited Company, pending shareholder and regulatory approvals.
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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 Ltd - 509709 - Intimation Regarding Proposed Conversion Of Wholly Owned Subsidiary From Public Limited Company To Private Limited Company
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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