Elitecon International Ltd — Important, 13-12-2025: Company Update

Elitecon International has received an interim order from the Delhi High Court regarding an alleged loan transaction with Advik Capital Limited for Rs. 64 Cr. The Company strongly denies the existence of this loan, stating that the petition's allegations are false and the documents appear fabricated. The court has temporarily restricted Elitecon from creating third-party rights in its assets, except for transactions in the ordinary course of business. The Company emphasizes that this order does not affect its normal operations and it is taking all necessary legal steps to respond.