Elitecon Bags ₹2.02 Bn Long-Term Supply Order for Tobacco Products

Elitecon International Ltd has secured a long-term supply contract valued at approximately ₹2.02 Billion from Bozza Tobacco (PTY) Ltd, a South African entity. This two-year agreement, effective April 6, 2026, involves the supply of cigarettes and other tobacco-allied products, including brands like Red and Black, B&W, Cape, Ossum, and Golden Flake. The contract provides Elitecon with steady export visibility, supports efficient utilization of manufacturing capacities, and strengthens its presence in the South African market. It aligns with the company's strategy to expand exports and build a sustainable business model, expected to contribute positively to business stability and long-term growth, marking a significant entry into the African continent. Payment terms are set at 90 days after delivery.