StockWatch
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Trading & Distributors
Shareholding14 Jul 2026, 10:44 am

Elitecon International: EBISU Fund Sells 35.24 Mn Shares

AI Summary

EBISU Global Opportunities Fund Ltd has disclosed the sale of 35,243,307 equity shares in Elitecon International Ltd. The transactions occurred between January 20, 2026, and July 09, 2026. Prior to this sale, the fund held 137,000,000 shares. Following the sale, their holding reduced to 101,756,693 shares. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company's equity share capital post-acquisition stands at 15,985,000,000 shares after a 10:1 share split on June 26, 2025.

Key Highlights

  • EBISU Global Opportunities Fund sold 35.24 million shares of Elitecon International.
  • Sale transactions occurred between January 20, 2026, and July 09, 2026.
  • Fund's shareholding reduced from 137 million to 101.76 million shares.
  • Disclosure made under SEBI Takeover Regulations.
  • Company underwent a 10:1 share split on June 26, 2025.