Advik Capital Ltd — Important, 08-01-2026: Company Update

Advik Capital shared an update on its loan recovery efforts against Elitecon International Limited. The Delhi High Court previously granted interim relief to Advik Capital in this matter. Subsequently, the NCLT New Delhi issued directions in the company's insolvency petition, ordering notice issuance and setting timelines for pleadings. This indicates ongoing progress in Advik Capital's efforts to recover outstanding dues, which is important for shareholders monitoring asset recovery. The proceedings continue, with the matter listed for further hearing.