Elitecon International Ltd — Others, 02-06-2025: AGM/EGM

Elitecon International Limited has announced a board meeting to discuss the sub-division of its equity shares from a face value of Rs. 10 to Re. 1 per share and the consequent alteration of the Capital Clause in its Memorandum of Association. These changes aim to increase liquidity and improve trading flexibility for shareholders by making shares more affordable. The company conducted remote e-voting for members ahead of the Extra-Ordinary General Meeting where these resolutions were proposed and approved, reflecting steps toward enhancing shareholder value and marketability of its shares.