Elitecon International Ltd (ELITECON) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Elitecon International Ltd on NSE and BSE, with an AI summary of each filing.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board, at its meeting held on October 12, 2026, approved raising of funds up to ?1,000 crore through Qualified Institutions ....
Outcome · 13 Oct 2026, 12:14 am
Elitecon International Board Approves Fundraise of Up to ₹1,000 Crore via QIP Elitecon International Limited's Board of Directors approved a fundraise of up to ₹1,000 crore on 12th Oct'26 through Qualified Institutions Placements (QIP). The capital raise will be executed via equity shares or convertible/exchangeable securities in one or more tranches, subject to shareholder approval via a special resolution and requisite regulatory clearances. Pricing, terms, and the specific number of securities will be determined by the Board based on prevailing market conditions in accordance with SEBI ICDR Regulations.
Elitecon International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/10/2026 ,inter alia, to consider and approve raising of funds through ....
Intimation · 12 Oct 2026, 5:30 am
Elitecon International Board to Consider Multi-Instrument Fundraising on 12th Oct'26 Elitecon International Limited has scheduled a Board of Directors meeting for 12th Oct'26 to evaluate and approve fundraising proposals. Capital raising will be considered via equity shares, preference shares, convertible/non-convertible debentures, warrants, or other equity-linked securities across one or more tranches. Potential issuance routes include QIPs, preferential issues, private placements, rights issues, FPOs, or debt instruments. Concurrently, the company confirmed that its trading window remains closed for designated persons until 48 hours post the announcement of its Q1 and Q2 FY27 financial results.
Elitecon International Limited has entered into a Product Supply Framework Agreement with World Class 77, South Africa, for potential export supplies with an indicative programme ceiling ....
Others (Uncategorized) · 28 Sept 2026, 3:11 pm
Elitecon Signs USD 60 Million Export Framework Agreement With South Africa’s World Class 77 Elitecon International signed a Product Supply Framework Agreement on 26th Sep'26 with South Africa-based World Class 77. The contract covers the export of tobacco products and FMCG through 31st Aug'27, with an indicative ceiling of up to USD 60 million (~₹574.20 crore at ₹95.70/USD). Deliveries from its Nashik facility will be executed on FCA Jawaharlal Nehru Port terms with 90-day payment cycles. The agreement represents 37.5% of FY26 standalone and 11.3% of consolidated revenue, marking the reconstituted management's first major export expansion.
Intimation regarding submission of a clear and legible copy of the standalone and consolidated financial results of the Company for the quarter and year ended March 31, 2026 pursuant to ....
Others (Uncategorized) · 27 Sept 2026, 1:05 am
Elitecon International Submits FY26 Audited Financial Results Following BSE Query Elitecon International filed clear copies of its audited standalone and consolidated results for Q4 and FY26 following a BSE query. On a consolidated basis, FY26 revenue surged to ₹5,08,519.62 lakhs from ₹54,875.71 lakhs in FY25, while net profit rose to ₹18,506.13 lakhs versus ₹6,964.89 lakhs YoY. However, Q4'26 saw a net loss of ₹8,505.04 lakhs. The company faces ongoing SEBI investigations, DGGI show-cause notices for tax demands exceeding ₹300 crore, and NCLT/court proceedings. Standalone FY26 revenue reached ₹1,52,981.01 lakhs with net profit at ₹1,308.63 lakhs.
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, please find enclosed copies of the newspaper advertisement of the Audited Financial ....
Others (Uncategorized) · 24 Sept 2026, 1:05 am
Elitecon International Publishes Audited Results for Quarter and Year Ended March 31, 2026 Elitecon International Limited has submitted newspaper advertisements for its audited standalone and consolidated financial results for the quarter and financial year ended 31st Mar'26 under SEBI LODR Regulation 47. The board of directors approved the financial results at its meeting on 21st Sep'26. The required statutory notices were published on 23rd Sep'26 in Financial Express (English, all editions) and Jansatta (Hindi). Complete financial results with audit reports and impact statements are accessible on the company’s website and BSE.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for EBISU Global Opportunities Fund Ltd
Acquisition/ Disposal of Shares · 22 Sept 2026, 10:44 pm
EBISU Global Trims Stake in Elitecon International to 4.85% Non-promoter entity EBISU Global Opportunities Fund Limited sold 24,224,689 equity shares, representing a 1.52% stake, in Elitecon International Limited via open market transactions between 10th Jul'26 and 18th Sep'26. Following the disposal, the fund's total shareholding decreased from 101,756,693 shares (6.37%) to 77,532,004 shares (4.85%), breaching the 5% regulatory threshold. The company's post-transaction equity base expanded to 15,985,000,000 shares following a 10:1 stock split.
Pursuant to Regulation 30 and 33 of SEBI[LODR] Regulations, 2015, the Board considered and approved the Financial Results for the Financial Year ended March 31, 2026.
Outcome · 21 Sept 2026, 10:58 pm
Pursuant to Regulation 30 of SEBI(LODR) Regulations 2015 - Poatal Ballot Notice dated September 18, 2026 seeking Member''s Approval through remote e- voting.
Others (Uncategorized) · 19 Sept 2026, 12:19 am
Elitecon International Issues Postal Ballot Notice for Key Board Appointments Elitecon International has issued a postal ballot notice seeking shareholder approval via remote e-voting, open from 19th Sep'26 to 18th Oct'26, with 11th Sep'26 set as the cut-off date. Key resolutions include appointing Pradeep Kumar as Managing Director for a five-year term ending 13th Aug'31 at a remuneration of ₹30,00,000 per annum, alongside director appointments for Vipin Sharma (₹36,00,000 per annum) and Paramjeet Singh Gulati (₹24,00,000 per annum). Shareholders will also vote on appointing Prachi Gupta, Nisha, and Suraj Singh as Non-Executive Independent Directors for five-year terms.
The Board approved the Postal Ballot Notice, remote E- Voting arrangements, appointment of scrutinizer and fix Cutt off date.
Others (Uncategorized) · 18 Sept 2026, 6:01 pm
Elitecon International Approves Postal Ballot for Key Board and Leadership Appointments Elitecon International's Board approved a Postal Ballot notice to seek shareholder approval for key leadership appointments. These include appointing Pradeep Kumar as Managing Director along with his remuneration terms, alongside Vipin Sharma and Paramjeet Singh Gulati as Directors. Additionally, Prachi Gupta, Nisha, and Suraj Singh were proposed as Non-Executive Independent Directors. The cut-off date for voting eligibility was fixed for 11th Sep'26, with remote e-voting scheduled from 19th Sep'26 to 18th Oct'26. Bigshare Services was named the e-voting platform and Neeraj Bajaj was appointed Scrutinizer.
The Company received a communication from BSE Limited dated September 11, 2026, regarding non-submission of financial results under Regulation 33 of the SEBI (LODR) Regulations, 2015, with ....
Others (Uncategorized) · 14 Sept 2026, 11:15 pm
Elitecon International Receives BSE SOP Fine for Delayed Q1 FY27 Results Elitecon International received a communication from BSE on 11th Sep'26 levying a Standard Operating Procedure (SOP) fine of ₹1,53,400 under Regulation 33 of SEBI (LODR) Regulations, 2015, due to non-submission of financial results for the quarter ended 30th Jun'26. The company submitted an application to BSE on 14th Sep'26 requesting a full waiver of the fine and is currently awaiting a decision. Elitecon confirmed no other material financial or operational impact at this stage.
Elitecon International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/09/2026 ,inter alia, to consider and approve the Audited Standalone ....
Intimation · 21 Sept 2026, 5:30 am
Elitecon International Schedules Board Meeting on 21st Sep'26 for FY26 Financial Results Elitecon International Limited has scheduled a meeting of its Board of Directors on 21st Sep'26 to consider, approve, and record the audited standalone and consolidated financial results for the quarter and financial year ended 31st Mar'26. In compliance with SEBI Insider Trading regulations, the trading window for dealing in company securities will remain closed until 48 hours following the declaration of the financial results.
The Company received a communication from BSE Limited dated August 25, 2026, regarding alleged non-compliances under Regulation 17(2A) and 21(2) of the SEBI (LODR) Regulations, 2015 with ....
Others (Uncategorized) · 10 Sept 2026, 10:52 pm
Elitecon International Seeks Full Waiver on BSE Penalties for LODR Non-Compliances BSE Limited levied standard operating procedure fines totaling ₹2,38,360 on Elitecon International via a communication dated 25th Aug'26. The penalties relate to alleged non-compliances under SEBI LODR Regulations 17(2A) and 21(2) concerning Board meeting quorum and Risk Management Committee constitution for the quarter ended 30th Jun'26. On 10th Sep'26, the company submitted an application to BSE seeking a full waiver of the levied fines, which is currently under regulatory consideration. The company reported no other material financial or operational impacts.
Approval for extension of time for holding AGM for the Financial Year ended March 31, 2026 vide Approval Letter received from RoC dated September 03, 2026.
Annual General Meeting · 04 Sept 2026, 7:47 pm
Please find enclosed the press release titled "Elitecon International Strengthens Governance Through Eight Key Board and Senior Management Appointments."
Press Release · 18 Aug 2026, 2:12 pm
Elitecon International Strengthens Board and Senior Management Elitecon International has announced eight key board and senior management appointments, effective 14 Aug'26, to strengthen its governance and leadership. Mr. Pradeep Kumar has been promoted to Managing Director for a five-year term ending 13 Aug'31. Key new roles include a CFO, Company Secretary & Compliance Officer, and an Executive Director. The board expansion adds three Independent Directors, including one Woman Independent Director, enhancing oversight in finance, compliance, and operations as the company enters its next growth phase.
Outcome of Board Meeting held on August 14, 2026 under Reg 30 of SEBI(LODR) Regulations, 2015
Others (Uncategorized) · 14 Aug 2026, 9:48 pm
Elitecon International Announces Major Board and Key Management Reshuffle Elitecon International (BSE: 539533) announced a significant leadership overhaul effective 14th Aug'26. Key appointments include three new Independent Directors (Prachi Gupta, Nisha, Suraj Singh), an Executive Director (Paramjeet Singh Gulati), and a new Managing Director (Pradeep Kumar). The company also appointed a new CFO (Kusha Charan Swain) and Company Secretary (Purva Jhanwar). All director appointments are subject to shareholder approval. Additionally, M/S Neeraj Bajaj & Associates was appointed as the new Secretarial Auditor to fill a casual vacancy.
Revised Intimation regarding Cessation of Mr. Kumar Anubhav Upadhyay as an Additional Director of the Company.
Change in Management · 13 Aug 2026, 1:39 am
Elitecon Clarifies Details on Director Cessation Elitecon International clarified a previous disclosure regarding director Mr. Kumar Anubhav Upadhyay's cessation. An intimation on 29 Jul'26 incorrectly stated he held a Whole-time Director position at Centuple Global Limited. The company corrected this, stating Mr. Upadhyay had already ceased to be a director at Centuple Global effective 26 May'26. His cessation as an Additional Director at Elitecon on 29 Jul'26 was procedural, as his appointment wasn't put to shareholders for approval within the prescribed time. No other details have been changed.
Resignation of M/s G Aakash & Associates Practising Company Secretaries tendered his resignation from the post of Secretarial Auditor w.e.f. August 11, 2026.
Change in Auditor · 12 Aug 2026, 5:34 pm
Elitecon International: Secretarial Auditor M/s. G Aakash & Associates Resigns Elitecon International announced the resignation of its Secretarial Auditor, M/s. G Aakash & Associates, Practicing Company Secretaries, effective from Aug 11, '26. The auditor communicated their decision via email, informing the company they would be unable to render their services. No detailed reason for the resignation was provided in the disclosure. The company notified the exchanges on Aug 12, '26, as per SEBI regulations.
Intimation regarding Cessation of Mr. Kumar Anubhav Upadhyay as an Additional Director of the Company w.e.f. July 29, 2026.
Change in Management · 30 Jul 2026, 2:28 am
Elitecon International: Additional Director Ceases Role Due to Lack of Shareholder Approval Elitecon International announced the cessation of Mr. Kumar Anubhav Upadhyay as an Additional Director, effective 29th Jul'26. The departure is due to the company's failure to obtain the required shareholder approval for his appointment within the statutory timeline prescribed by SEBI regulations. Mr. Upadhyay was initially appointed on 29th Apr'26. He continues to hold a Whole-time Director position at Centuple Global Limited. This cessation points to a procedural lapse in corporate governance compliance.
Submission of Press release on the appointment of Mr. Vipin Sharma and Mr. Pradeep Kumar as Executive additional Directors.
Press Release · 27 Jul 2026, 2:54 pm
Elitecon Appoints Former MD Vipin Sharma to Lead Operational Revival Elitecon International has appointed Shri Vipin Sharma and Shri Pradeep Kumar as Executive Additional Directors, effective 22nd Jul'26, subject to shareholder approval. The move brings back promoter Vipin Sharma, who previously served as MD until Apr'26, to lead an operational revival as banking operations resume. Shri Kumar, a director at subsidiary Golden Cryo, brings infrastructure and operational experience. The company stated its intention to further strengthen its board with additional key managerial personnel and independent directors to support its turnaround efforts.
Appointment of Mr. Vipin Sharma and Mr. Pradeep kumar Executive Additional Directors as follows:
Change in Management · 23 Jul 2026, 12:18 am
Elitecon Appoints Two Additional Directors to Restore Board Quorum Elitecon International has appointed Mr. Vipin Sharma and Mr. Pradeep Kumar as Additional Directors, effective 22 Jul'26, to restore its Board quorum. The appointments follow the cessation of Independent Directors, which caused the Board's strength to fall below the required minimum. Mr. Sharma, a former MD of the company, holds 10.01% of the equity share capital. Mr. Kumar holds no shares. Both appointments are subject to shareholder approval at the next general meeting. Both individuals also hold directorships in Golden Cryo Private Limited, a subsidiary.
As per attached PDF
Others (Uncategorized) · 23 Jul 2026, 12:08 am
Elitecon International Appoints Two Additional Directors to Restore Board Quorum Elitecon International appointed Mr. Vipin Sharma and Mr. Pradeep Kumar as Additional Directors, effective 22 Jul'26, to restore the requisite Board quorum. The appointments follow the cessation of previous Independent Directors, which left the board below the minimum strength. Mr. Sharma, a former MD of the company, holds approximately 10.01% of the equity share capital. Both new directors also hold directorships in Golden Cryo Private Limited, a subsidiary. The appointments are subject to shareholder approval at the next general meeting.
Intimation for Resignation of Independent Directors as follows: 1. Venkata Ramesh Penumaka 2. Edward Michael Bourgoin
Change in Management · 22 Jul 2026, 11:13 pm
Elitecon International Directors Resign Citing Governance Concerns Elitecon International disclosed the resignations of two Independent Directors, Dr. Venkata Ramesh Penumaka and Mr. Edward Michael Bourgoin, effective 7 Apr '26 and 27 Apr '26, respectively. The company reported the exits with a delay, citing a transition in senior management. Dr. Penumaka’s resignation cited concerns over corporate governance and regulatory developments. Mr. Bourgoin’s resignation cited concerns about information availability and governance issues. Dr. Penumaka also holds a directorship at MIC Electronics Limited.
Submission of Press Release providing an update on the restoration of banking operations and the company''s business recovery roadmap. Please find the same attached for your information and records.
Press Release · 20 Jul 2026, 2:12 pm
Elitecon International Outlines Recovery as SEBI Eases Banking Restrictions Elitecon International provided an update on its business recovery following a SEBI clarification that eases banking restrictions. The restrictions, imposed by a SEBI Interim Order on 30-Mar'26, materially affected Q1 FY27 operations. On 16-Jul'26, SEBI issued a clarification to banks, enabling the company to resume normal operations. Kotak Mahindra Bank has already lifted restrictions, with others expected to follow. Priorities now include normalizing banking, regularizing payments, progressing FY26 financial reporting, and strengthening governance while regulatory proceedings remain pending.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Unico Global Opportunities Fund Ltd
Acquisition/ Disposal of Shares · 15 Jul 2026, 3:56 pm
Unico Global Fund Converts Warrants in Elitecon International, Acquires 8.56% Stake Unico Global Opportunities Fund Limited acquired a stake in Elitecon International Limited on May 05, '25, through the conversion of warrants into equity shares. Before the transaction, Unico Global held 13.69 million warrants, representing an 8.57% potential stake. Following the conversion, Unico Global now holds 13.69 million equity shares, constituting an 8.56% stake in Elitecon's post-acquisition share capital. The acquirer does not belong to the promoter group. This transaction increased Elitecon's equity capital to 159.85 million shares.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Unico Global Opportunities Fund Ltd
Acquisition/ Disposal of Shares · 15 Jul 2026, 3:53 pm
Unico Global Opportunities Fund Acquires 8.57% Stake in Elitecon International Unico Global Opportunities Fund Limited acquired 13,690,000 warrants in Elitecon International Limited, representing an 8.572% stake on a non-diluted basis. The acquisition was made on 30th Sep'24 through a warrants issue. Prior to this transaction, the acquirer held no stake in the company. Following the acquisition, Elitecon International's total voting capital remains at 159,710,000 equity shares of Rs.10 each. The acquirer is not part of the promoter group.