Elitecon International Ltd — Board Meeting, 12-08-2025: Board Meeting

Elitecon International has received a Show Cause Notice from the Directorate General of GST Intelligence amounting to Rs. 387.43 Cr. This notice covers the period from October 2020 to October 2024 and is currently pending adjudication. The company is actively preparing its response to this significant claim. While this potential liability is being addressed, the company's financial results for the quarter ended June 30, 2025, were reviewed by auditors, who found no material misstatement regarding the results themselves.