Elpro International Acquires Vedanta Shares for INR 7.62 Crores
Filing Summary
Elpro International Ltd has acquired equity shares of Vedanta Limited for a cash consideration of INR 7.62 crores. This acquisition involves 1,50,000 equity shares, marking Elpro’s initial investment in Vedanta. Vedanta is a diversified company engaged in the metals industry with a global presence. The acquisition does not involve any related party transactions. Vedanta’s consolidated turnover for FY 2024-25 was INR 1,56,643 crores. This transaction is for investment purposes, and no regulatory approvals were required.
Elpro International Ltd has informed BSE Limited about its acquisition of equity shares in Vedanta Limited. The acquisition was completed on November 21, 2025, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The transaction involves the purchase of 1,50,000 equity shares of Vedanta for a total cash consideration of INR 7.62 crores. This marks Elpro’s initial shareholding in Vedanta, as there was no previous holding. The acquisition is not classified as a related party transaction, and no promoter or group companies have any interest in the acquired entity.
Vedanta Limited operates in the diversified metals industry. The company reported a consolidated turnover of INR 1,56,643 crores for the financial year 2024-25. The acquisition by Elpro is intended for investment purposes, and no governmental or regulatory approvals were necessary for this transaction.
Vedanta Limited is a global leader in critical minerals, energy transition metals, power, and technology. The company plays a significant role in supplying essential materials for the energy transition. Vedanta has a presence in India, South Africa, Liberia, Namibia, UAE, East Asia, and Ireland. The company was incorporated on June 25, 1965.
Elpro International Ltd is focused on strategic investments and expanding its portfolio in various sectors. The company’s business priorities include identifying growth opportunities and enhancing shareholder value through targeted acquisitions and investments.