BSECompany Update21 Aug 2026 · 21 Aug 2026, 04:03 pm

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Elpro International Ltd · 504000

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Elpro International Ltd has acquired 100% of Quest Academy Limited, a real estate company, for INR 186.12 Crores.

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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Elpro International Ltd - 504000 - Announcement under Regulation 30 (LODR)-Acquisition

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Elpro International Ltd 17th Floor, Nirmal, Nariman Point Mumbai 400 021, India T +91 22 2202 3075, +91 22 4029 9000 F +91 22 2202 7995 CIN: L51505MH1962PLC012425 August 21, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai -400 001 Dear Sir/ Ma'am, Subject: Intimation under Regulation 30 of the Securities and Exchange Board oflndia (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that Elpro Realty Private Limited (Formerly known as Faridabad Management Private Limited), a wholly owned Subsidiary of Elpro International Limited ("the Company") has acquired equity shares of "Quest Academy Limited". The details pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of Schedule III of the SEBI Listing Regulations is attached as "Annexure A". This is for your information and record. Thanking you, For Elpro International Limited Rushabh Digitally signed by Rushabh Rajen Rajen Ajmera Date: 2026.08.21 Ajmera 15:16:47 +05'30' Rushabh Ajmera Company Secretary Encl. as above Chinchwadgaon, Pune 411 033, India T +91 20 2735 2961, F +91 20 2735 3037 Visit us at : www.elpro.co.in Elpro International Ltd 17th Floor, Nirmal, Nariman Point Mumbai 400 021, India T +91 22 2202 3075, +91 22 4029 9000 F +91 22 2202 7995 CIN: L51505MH1962PLC012425 AnnexureA Sr. Particulars Details 1. Name of the target entity, details in brief such as Name of the target entity: size, turnover etc.: Quest Academy Limited ("Quest"). Quest is a Company incorporated under the provisions of Companies Act, 1956 having Corporate Identification Number (CIN) as U70100MH1995PLC089149 and Registered Office situated at Devidas Mansion, 3rd Floor, Mereweather Road, Colaba, Mumbai-400001 Turnover as per last audited financials (FY 2025-26): Particulars Amount (in Crores) Revenue from Operations Nil Other income Nil Total Nil Net Worth as per last audited financials (FY 2025-26): Rs. 2.90 Crores 2. Whether the acquisition would fall within related No party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arms-length": 3. Industry to which the entity being acquired Real estate activities belongs: 4. Objects and effects of acquisition (including but Pursuant to the acquisition, Quest will become a wholly owned not limited to, disclosure of reasons for acquisition subsidiary of Elpro Realty Private Limited (Formerly known as of target entity, if its business is outside the main Faridabad Management Private Limited) line of business of the listed entity): 5. Brief details of any governmental or regulatory N.A. approvals required for the acquisition: 6. Indicative time period for completion of the N.A. acquisition: 7. Nature of consideration -whether cash Cash consideration consideration or share swap and details of the same: Chinchwadgaon, Pune 411 033, India T +91 20 2735 2961, F +91 20 2735 3037 Visit us at : www.elpro.co.in Elpro International Ltd 17th Floor, Nirmal, Nariman Point Mumbai 400 021, India T +91 22 2202 3075, +91 22 4029 9000 F +91 22 2202 7995 CIN: L51505MH1962PLC012425 8. Cost of acquisition or the price at which the shares INR 186.12 Crores are acquired: 9. Percentage of shareholding / control acquired Fresh Acquisition: 33,00,000 Equity Shares representing 100% of the and/or number of shares acquired: total share capital of Quest (Previous Holding: Nil Equity Shares) (Total Holding with Fresh Acquisition: 33,00,000 Equity Shares) 10. Brief background about the entity acquired in terms Brief Background: of products/line of business acquired, date of incorporation, history of last 3 years turnover, Quest is a Company incorporated under the provisions of Companies country in which the acquired entity has presence Act, 1956 having Corporate Identification Number (CIN) as and any other significant information (in brief): U70100MH1995PLC089149 and Registered Office situated at Devidas Mansion, 3rd Floor, Mereweather Road, Colaba, Mumbai - 400001. Line of Business: Real estate activities Date of Incorporation: June 5, 1995 Turnover of last 3 Financial Years: Particulars Amount (in Crores) FY 2025-26 FY 2024-25 FY 2023-24 Revenue from Nil Nil Nil Operations Other income Nil Nil Nil Total Nil Nil Nil Country in which the target has presence: India Chinchwadgaon, Pune 411 033, India T +91 20 2735 2961, F +91 20 2735 3037 Visit us at : www.elpro.co.in