Elitecon International Ltd

Elitecon International Limited has announced progress in restoring its banking operations following a SEBI interim order on March 30, 2026, which restricted debits from its accounts. The company disputed the allegations and filed a preliminary response. A representation on July 10, 2026, led to SEBI issuing a clarification to the concerned banks on July 16, 2026. Kotak Mahindra Bank has confirmed the removal of restrictions. Elitecon is awaiting direct confirmation from SEBI to fully implement the clarification and normalize operations. The company expressed gratitude to SEBI for addressing operational difficulties, which is a crucial step towards rebuilding stakeholder confidence and resuming normal business activities while regulatory proceedings continue.

Unico Global Opportunities Fund Limited has disclosed its acquisition of 13,690,000 equity shares in Elitecon International Limited. This acquisition, completed via conversion of warrants on May 5, 2025, represents a significant change in shareholding. Post-acquisition, Unico Global holds 13,690,000 shares, which constitutes approximately 8.57% of Elitecon International's total equity capital. The total equity share capital of Elitecon International has increased post-acquisition to 159,850,000 shares.

Unico Global Opportunities Fund Limited has disclosed a substantial acquisition of warrants in Elitecon International Limited. The acquisition, which took place on September 30, 2024, involves 13,690,000 warrants. This transaction is reported under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Elitecon International remains 159,710,000 shares post-acquisition. This filing indicates a significant stake acquisition by Unico Global Opportunities Fund.

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.

EBISU Global Opportunities Fund Ltd has disclosed its acquisition of 13,700,000 shares in Elitecon International Limited. This acquisition, which occurred through the conversion of warrants into shares on May 5, 2025, resulted in the fund holding 8.57% of the company's total equity. Prior to this transaction, the fund held no shares. The total equity share capital of Elitecon International Limited remains unchanged at 1,598,500,000 equity shares.

Elitecon International Ltd has disclosed a substantial acquisition by EBISU Global Opportunities Fund Ltd. The fund acquired 13,700,000 warrants, which represent a significant potential increase in shareholding. This transaction falls under SEBI's substantial acquisition regulations. The total equity share capital of Elitecon International remains unchanged at 159,710,000 equity shares post-acquisition. The acquisition was made through warrants, with the date of intimation being September 30, 2024.

Elitecon International Ltd has issued a clarification regarding the delay in submitting its audited financial results for the quarter and financial year ended March 31, 2026. The company stated that the delay is due to internal finalization processes, including the collation and consolidation of financial information from its Indian and overseas subsidiaries, reconciliation of balances, and review of year-end entries. Elitecon emphasized that the responsibility for the delay lies with the company and not the statutory auditors. Necessary steps are being taken to expedite the process, and the results will be submitted immediately after completion and board approval.

Elitecon International Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure, which began on April 1, 2026, will extend until June 30, 2026, or 48 hours after the announcement of the audited financial results for the quarter and financial year ended March 31, 2026, whichever is later. This measure is in compliance with SEBI regulations regarding insider trading and the company's code of conduct. The company will announce the date of the board meeting to approve these financial results in due course.

Elitecon International Ltd announced a delay in the submission of its audited financial results for the quarter and financial year ended March 31, 2026. The delay is attributed to the finalization and consolidation of financial statements, including those of its Indian and overseas subsidiaries, and the completion of audit procedures by the Statutory Auditors. The company is actively working with its auditors to expedite the process and will submit the results as soon as they are finalized and approved by the Board of Directors. Elitecon International Ltd regrets the inconvenience caused by this delay.

Elitecon International Limited has unveiled a strategic roadmap to expand its FMCG platform, targeting Rs 20,000 crore in revenue by FY2030. This expansion will be supported by a Rs 700 crore capital outlay and will leverage the company's existing tobacco export business, which has a USD 119 million+ order book across Africa and the Middle East. The FMCG rollout will focus on packaged foods, snacks, edible oils, and household essentials, aiming for 10 consumer brands and 150+ SKUs. The company plans to build a distribution network of 5,000 partners and reach over 5,00,000 retail outlets across 15+ international markets. The expansion strategy emphasizes a milestone-led rollout, ensuring readiness in manufacturing, sourcing, and distribution before category launches.