Elitecon International Ltd

The Company has appointed Deloitte Touche Tohmatsu India LLP a globally reputed professionalservices firm as its strategic tax and regulatory advisor and transaction program manager to assist theCompany in evaluating structuring and implementing a scheme of merger and related regulatorycompliances. This mandate underscores the Companys commitment to adopting best-in-class governancestandards robust compliance frameworks and transparent execution of strategic initiatives.Further based on strong business synergies operational complementarities and a unified growth vision theBoard of Directors is in the process of evaluating a scheme of merger of the following companies withElitecon International Limited subject to requisite statutory regulatory and Honble NCLT approvals