Elitecon International Ltd — Important, 27-07-2026: Company Update

Elitecon International announced the appointment of Shri Vipin Sharma and Shri Pradeep Kumar as Executive Additional Directors, effective July 22. Shri Sharma, a promoter and former Managing Director, returns to lead the company's operational revival as banking operations resume. Shri Kumar joins from a company subsidiary, bringing over two decades of experience in construction and infrastructure. These strategic appointments aim to strengthen leadership and drive the company's recovery agenda. The Board plans to further bolster management with experienced key personnel and independent directors in the future.