Elitecon International Ltd Board Meeting on Oct 12 to Consider Fund Raising

Elitecon International Ltd has announced that its Board of Directors will convene on October 12, 2026, to consider and approve a proposal for raising funds. The fundraising could be through various instruments including equity shares, preference shares, convertible or non-convertible debentures, warrants, or other eligible securities. The company may raise funds in one or more tranches via methods such as qualified institutions placement, preferential issue, private placement, rights issue, further public offer, or debt issue. The board will also approve incidental matters like issue size, pricing, and intermediaries. Additionally, the trading window for designated persons is closed until 48 hours after the announcement of the financial results for the quarters ended June 30, 2026, and September 30, 2026.