Advik Capital Ltd — Important, 13-12-2025: Company Update

Advik Capital secured interim relief from the Delhi High Court in its loan recovery proceedings against Elitecon International Limited. The court recognized Advik's prima facie case and restrained Elitecon and its management from creating third-party rights on their assets, crucial for protecting Advik's interests. This relates to a loan of ₹64 Cr, with a current demand for ₹71.15 Cr including interest. This judicial protection reinforces the security of lending for NBFCs like Advik Capital.