The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for I G E (India) Pvt Ltd

Date: August 13, 2026 1) BSE Limited Floor 25, P. J. Towers, Dalal Street, Mumbai, Mumbai – 400001. Scrip Code: 504000 2) Elpro International Limited Nirmal Building, 17th Floor, Nariman Point, Mumbai – 400021 Dear Sir, Sub: Disclosure pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”), in connection with delisting of the Equity Shares of Elpro International Limited (“Target Company”). Pursuant to the (i) initial public announcement dated May 1, 2026; (ii) the detailed public announcement dated July 25, 2026, which was published in the newspapers on July 27, 2026; and (iii) the letter of offer dated July 27, 2026, I G E (India) Private Limited (“Acquirer 1”/ “IGE”) and Zenox Technology Services Private Limited (formerly known as Zenox Trading and Manufacturing Private Limited) (“Acquirer 2”/ “Zenox”) (hereinafter Acquirer 1 and Acquirer 2 are collectively referred to as the “Acquirers”), part of the ‘promoter group’ of the Target Company, along with Mr. Surbhit Dabriwala (“PAC 1”) and Mrs. Yamini Dabriwala (“PAC 2”) (hereinafter PAC 1 and PAC 2 are collectively referred to as the “PACs”), as ‘persons acting in concert’ being the promoters of the Target Company, had expressed their intention to: (a) acquire all the equity shares of the Target Company that are held by its public shareholders; and (b) consequently voluntarily delist the equity shares of the Target Company from BSE Limited, the only stock exchange where the equity shares of the Target Company are presently listed, by making a delisting offer in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, as amended (“Delisting Offer/ Delisting Proposal”). Pursuant to the Delisting Offer, Zenox has acquired 3,05,45,122 equity shares of the Target Company from its public shareholders, on August 12, 2026, and the members of the promoter/ promoter group of the Target Company now collectively hold 15,76,54,092 equity shares representing 93.02% of the paid-up equity share capital of the Target Company. In respect of the acquisition of equity shares pursuant to the Delisting Offer and in compliance with the provisions of Regulation 29(2) of the Takeover Regulations, please find enclosed herewith a disclosure made by IGE and Zenox. Please take the same on record and disseminate the same. Yours sincerely, For and on behalf of I G E (India) Private Limited Name: Mr. Arpit Tapadia Designation: Director Place: Mumbai Date: August 13, 2026 For and on behalf of Zenox Technology Services Private Limited (formerly known as Zenox Trading and Manufacturing Private Limited) Name: Mr. Sunil Khandelwal Designation: Director Place: Pune Date: August 13, 2026 Disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”) 1. Name of the Target Company (TC) Elpro International Limited (“Target Company” or “TC”) 2. Name(s) of the acquirer and Persons Acting in Concert (PAC) with the Name of the acquirers: I G E (India) Private Limited (“Acquirer 1”/ “IGE”) and acquirer Zenox Technology Services Private Limited (formerly known as Zenox Trading and Manufacturing Private Limited) (“Acquirer 2”/ “Zenox”) (hereinafter Acquirer 1 and Acquirer 2 are collectively referred to as the “Acquirers”). Name of the PACs: Mr. Surbhit Dabriwala (“PAC 1”) and Mrs. Yamini Dabriwala (“PAC 2”) (hereinafter PAC 1 and PAC 2 are collectively referred to as the “PACs”). 3. Whether the acquirer belongs to Promoter/Promoter group Yes 4. Name(s) of the Stock Exchange(s) where the shares of TC are Listed BSE Limited 5. Details of the acquisition/ disposal as follows Number % w.r.t. total % w.r.t. total diluted share/voting capital share/voting capital of wherever applicable(*) the TC (**) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights 12,71,08,970(1) 75.00%(1) 75.00%(1) b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others) - - - c) Voting rights (VR) otherwise than by shares - - - d) Warrants/convertible securities/any other instrument that entitles - - - the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 12,71,08,970(1) 75.00%(1) 75.00%(1) Details of acquisition/ sale a) Shares carrying voting rights acquired/ sold 3,05,45,122(2) 18.02%(2) 18.02%(2) b) VRs acquired/ sold otherwise than by shares - - - c) Warrants/convertible securities/any other instrument that entitles - - - the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/ sold d) Shares encumbered / invoked/released by the acquirer - - - e) Total (a+b+c+/-d) 3,05,45,122 18.02% 18.02% After the acquisition/ sale, holding of acquirer: a) Shares carrying voting rights 15,76,54,092(1)(2) 93.02(1)(2) 93.02(1)(2) b) Shares encumbered with the acquirer - - - c) VRs otherwise than by shares - - - d) Warrants/convertible securities/any other instrument that - - - entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 15,76,54,092(1)(2) 93.02(1)(2) 93.02(1)(2) Acquisition pursuant to voluntary delisting of the equity shares of the Target Company from BSE Limited (“Delisting Offer”) 6. Mode of acquisition/ sale (e.g. open market / off-market/ public issue / rights issue / preferential allotment / inter-se transfer etc.) 7. Date of acquisition / sale of shares / VR or date of receipt of intimation of August 12, 2026 allotment of shares, whichever is applicable. 8. Equity share capital / total voting capital of the TC before the said Rs. 16,94,79,130 (16,94,79,130 equity shares having face value of Rs 1 each) acquisition/ sale 9. Equity share capital/ total voting capital of the TC after the said Rs. 16,94,79,130 (16,94,79,130 equity shares having face value of Rs 1 each) acquisition/ sale 10. Total diluted share/voting capital of the TC after the said acquisition/ Rs. 16,94,79,130 (16,94,79,130 equity shares having face value of Rs 1 each) sale (1) This represents the pre-acquisition shareholding of the members of the promoter and promoter group of the Target Company, based on the latest shareholding pattern filed by the Target Company with BSE Limited, as on June 30, 2026, which is set out below: Name Entity Type (i.e., Promoter or Number of Shares held % of shareholding Promoter Group) Mr. Surbhit Dabriwala (i.e., PAC 1) Promoter 3,97,800 0.23% Mrs. Yamini Dabriwala (i.e., PAC Promoter 56,219 0.03% I G E (India) Private Limited ( i.e., Promoter Group 11,50,46,326 67.88% Acquirer 1) International Conveyors Limited Promoter Group 77 0.00% R.C.A. Limited Promoter Group 1,16,08,548 6.85% Total 12,71,08,970 75.00% Please note that prior to the aforesaid acquisition of equity shares pursuant to the Delisting Offer, Zenox (a member of the promoter group of the Target Company) did not hold any equity shares of the Target Company. (2) Pursuant to the Delisting Offer, Zenox has acquired 3,05,45,122 equity shares representing 18.02% of the paid-up equity share capital of the Target Company. Further, pursuant to completion of the Delisting Offer, the post-acquisition aggregate shareholding of the members of the promoter / promoter group of the Target Company is 15,76,54,092 equity shares representing 93.02% of the paid-up equity share capital of the Target Company. (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Signature of the Acquire [Showing first 8,000 characters — download PDF for full document]