Shares Bazaar

Elitecon International informs about award of order

Pursuant to provisions Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Elitecon International has informed the Company has been awarded a long-term supply contract for the supply of cigarettes and other tobacco-allied products, aggregating to a contract value of INR 2.02 Billion.  This long-term supply order provides the Company with steady export visibility over the contract period and reflects continued demand for its products in international markets. The order has been received in the normal course of business and supports efficient utilization of manufacturing capacities and better planning of operations. The agreement also strengthens the Company’s presence in South African markets and aligns with its ongoing focus on expanding exports and building a sustainable, scalable business model. Overall, the order is expected to contribute positively to business stability and long-term growth. This contract will be a milestone and a stepping stone to enter into the African Continent. The aforesaid contract has been awarded in the normal course of business. The details of the said contract are enclosed as Annexure–A.

The above information is a part of company’s filings submitted to BSE.