Wednesday, August 05, 2026 | 04:52 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Elitecon International Ltd

Update On Promoters Stake Sale And Reinvestment Of Proceeds Into Elitecon International Limited (The Company)

08:14 PM, 11th Jun 2025

In reference to the above subject the Promoter strategic decision Mr. Vipin Sharma has informed thathe is in the process of divesting 9.07 lakh equity shares of the Company through open markettransactions. The entire proceeds from this sale estimated at approximately 350 Crores are beingfully reinvested into the Company. This move is a strong affirmation of the promoters unwaveringcommitment to Elitecons long-term growth financial strength and operational resilience.

More Elitecon International Ltd Announcements