Deals15 Dec 2025, 08:45 am
Elitecon International Ltd Secures USD 97.35 Million Long-term Supply Contract
AI Summary
Elitecon International Ltd has been awarded a long-term supply contract for the supply of cigarettes, premix sheesha, hookah tobacco, smoking mixtures and other tobacco-allied products, valued at USD 97.35 Million or INR 8.75 Billion. This contract provides the company with steady export visibility, supports efficient utilization of manufacturing capacities, and strengthens its presence in Middle Eastern markets. The contract has been awarded in the normal course of business and is expected to contribute positively to business stability and long-term growth.
Key Highlights
- Awarded a long-term supply contract for USD 97.35 Million or INR 8.75 Billion
- Contract provides steady export visibility and supports efficient utilization of manufacturing capacities
- Strengthens the company's presence in Middle Eastern markets
- Expected to contribute positively to business stability and long-term growth
- Contract awarded in the normal course of business