Elitecon International Ltd — Others, 06-08-2025: AGM/EGM

Elitecon International Limited has called an Extra-Ordinary General Meeting to seek shareholder approval for significant strategic initiatives. The company proposes to raise up to Rs. 300 Cr through a Qualified Institutions Placement (QIP) to acquire a substantial stake in FMCG companies, aiming to expand its market presence. Additionally, it plans to increase its investment, loan, and guarantee limit by Rs. 1,000 Cr for broader business expansion. The EGM will also consider amending the company's main objectives to include manufacturing and trading of edible oils, fats, and various agro-based food products. Two independent directors will be appointed, and the registered office is set to shift from Delhi to Maharashtra for operational efficiency.