ALPHA TRIBE

Elitecon International LtdImportant, 06-09-2025: Company Update

06-09-2025 | 06:10 pm

The company has announced a board meeting to consider and approve the financial results for the quarter and half-year. The Board will also evaluate various fundraising options, which may include a further issue of equity shares or convertible securities through methods like a Rights Issue, Preferential Issue, or Qualified Institutions Placement (QIP). This move aims to strengthen the company's financial position and support future growth initiatives, impacting shareholder structure and capital adequacy. Other items like dividend declaration and ESOP schemes will also be discussed.

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