Business
Elitecon International Ltd. Press Release Jul 01 2025
We wish to inform you that the Board of Directors of the Company at its meeting held today i.e.Tuesday, July 01, 2025, inter alia, has decided to defer the consideration and approval of belowmentioned item to the next Board meeting which is scheduled to be held on Friday, July 04,2025.1. To discuss and evaluate the proposal for raising funds up to an amount of Rs. 75Crores (Rupees Seventy Five Crores Only) by way of preferential allotment, issue ofconvertible warrants, Foreign Currency Convertible Bonds (FCCBs), QualifiedInstitutional Placement (QIP) or any other permissible instruments/modes, subject tonecessary approvals from Shareholders, regulatory bodies and other stakeholders.2. Any other item with the permission of the Chair.
About this update from Elitecon International Ltd.
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