Amaranth Daksh Pvt LTd and Elpro International Limited
Promoter
The move
Promoters Amaranth Daksh Pvt Ltd and Elpro International Limited cumulatively bought 25,61,329 shares of International Conveyors Limited for ₹15.40 Cr at ₹60.11 apiece through an off-market inter-se promoter transfer and open market purchase, increasing their stake from 65.84% to 69.86% on March 30, 2026.
A manufacturer of conveyor belting systems for industrial applications, International Conveyors has operated since 1973. The company produces a comprehensive range of conveyor belts designed for material handling across various sectors including mining, manufacturing, logistics, and construction. It serves domestic and international markets through its established distribution network and technical expertise in designing and supplying conveyor solutions tailored to customer requirements.
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