Elitecon International Ltd — Board Meeting, 01-07-2025: Board Meeting

Elitecon International has announced a board meeting on July 4 to discuss and evaluate a proposal to raise up to Rs. 75 Cr through preferential allotment, convertible warrants, FCCBs, QIP, or other permissible instruments. This fund-raising plan is aimed at supporting the company’s future growth and operational needs, pending necessary approvals. The decision to defer this discussion indicates careful consideration of capital strategy to enhance shareholder value.