Elitecon International Ltd. Press Release Jun 11 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 Elitecon's long-term growth, financial strength, and operational resilience.