Elitecon International News

Minerva Ventures Fund Acquires 8.58% Stake in Elitecon

Minerva Ventures Fund disclosed substantial acquisition of 137088605 shares in Elitecon International Limited, representing 8.5761% stake through warrants issue and open market transactions on February 27, 2026.

Elitecon International faces FDA inspection

FDA officials inspected Elitecon International's Maharashtra facility on January 08, 2026, seizing tobacco product inventories and packing equipment under Food Safety and Standards Act compliance.

Elitecon International Executive Director Resigns

Elitecon International's Executive Director Dayanand Ray resigned on February 27, 2026, while the board discussed potential reversal of Sunbridge Agro acquisition due to funding constraints.

Elitecon International faces GST search operation

Elitecon International Limited reports GST Department search operation at former registered office on November 25, 2024, with premises sealed and later de-sealed on January 29, 2026.

Elitecon International faces contempt petition in court

Elitecon International Limited discloses legal proceedings before Bombay High Court related to DGGI investigations, with contempt petition filed against director for alleged non-compliance.